If its single family I wouldnt bother with a manager but 2 or 3+ tenants in same building I would consider it depending on how hands off you want to be on the tenant issues and how handy you are

I'm still new to real estate investing but I'm open to feedback  @Jade FrankIt really depends on your long-term goals.

There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.

.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!

Here's an example: we use PriceLabs to gather data on all 2BD/2BA condos within a specific radius (5 or 10 miles, depending on the market).

This will vary depending on if a handyman can do the job or a licensed contractor is needed.

I want to devise a plan to get you back on your feet.”I feel I need to be a little more firm so I told them I need November's rent by tonight, and asked for 10 proofs of job applications. 

Instead of paying down someone else’s mortgage, you’re setting yourself up for bigger and better deals down the road.Your first deal is going to depend on a lot of factors—how important is location?

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.