Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You should hire a seasoned real estate agent that understands the market.

In my opinion, the first step is understanding the vernacular more so than where to look.

Certainly would talk through all of these scenarios with your CPA (assuming they understand real estate) and what makes the most sense to you.   

Plus, with multifamily house hacking, you can save up for your next investment property faster.How to Get Started with Multifamily House HackingIf you’re ready to explore house hacking with a multifamily property, here’s a roadmap to get started:Educate YourselfBefore jumping in, take the time to understand the ins and outs of real estate investing and house hacking.

There are lots more that require a little bit of human interaction and a few more that need full involvement of a person - answering the phone, some AR and AP.

This may not be a worthwhile pursuit if you don't fall under that category because there is some added risk involved.4.

If not cured, it’s my understanding they are then in default.

Did you ever have to get a lawyer involved or did it not go that far?

This is why it is important to look at the market regularly and maintain an understanding of what prices are doing.When you are actively marketing a home, I recommend looking at the market every day or two.