The ability to effectively self manage would depend on the scale you are trying to buy. 

The manager doesn't determine what they do and don't like, they 'manage' the HOA to comply with the law and guidance from the Board.

@Basit Siddiqi Have you considered getting an assistant to manage all of those things rather than a property manager.  

I have 3 homes managed by a property manager.

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

Also, any advice on managing budgets for PPC in the real estate sector would be really helpful.Thanks in advance for any insights. 

I've had 14 SF rentals in 6 different states, using 6 different management companies. 

I was thinking what Dave Foster said in regards to you having troubles, especially with buying a syndication.

@Ken Latchers how do you manage the security deposit?

Feel confident turning over management.