As you start to grow, you can start hiring things out and supervise. 

Darren, is it legal for a agent to give me access to the MLS or is that something I must do under his/her supervision?

You should certainly find out what tasks are taking you the most time, but also think about how easy it would be for a VA to complete those tasks with minimal to no supervision after training.

Not only would I have been getting 6 unruly kids with no supervision, I could rent it for full price to  a different mom, dad, retired police man grandpa and their one special needs, well behaved kid!

There is the cost of advertising a vacant property, cost of supervising repairs and maintenance and to show the property to prospective applicants, cost to run credit checks and background checks, cost to have annual legal reviews to ensure leases are compliant with state law, costs to issue 1099s to contractors, etc.Professional property management fees may be a little higher than your actual out of pocket cost of self-management, but self-management is not free.

The number of transactions per year is a pretty good indicator, so how many deals did you close in the last 12 months would be my first question.Average is about 8 deals a year, which is not a livable income and also not enough that they should be practicing without a supervising broker. 

There is a statement that goes next to the engineers seal that states the plans were prepared by or under the supervision of ________, licensed engineer.

If the home is vacant, we often let contractors in without supervision and then check on their work via pictures or an inspection at our convenience.

At first I liked it because there's hardly any supervision at my job during those hours.

All property management companies must be supervised/affiliated with a licensed real estate broker, and many day-to-day management activities must be carried out by a licensed real estate agent.My view is that this regulation has actually caused stagnation and decay in the industry, resulting in a lack of innovation & disruption.