After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

I have a main company, that owns a bunch of LLCs, each LLC holds a single real estate asset. 1 of the LLC also acts as a management company for the entire portfolio.Now it creates a problems that with each LLC, I need to file a tax return each year. and so far I am doing them by excel copying numbers from bank statement, which is a nightmare.Quickbook online charges $24 each month in Canada, which really adds up with the number of holding LLCs. and I don't feel like what I require from it justify the cost.

Even with a property manager taking a percentage, you’d still see a return, and it might save you a lot of stress managing the property from out of state.

And then there is the next level of doing a lease with a tenant.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.

Files can be shared in the cloud with bank level encryption.

I have been able to take my real estate portfolio to a level in which i really didn't think possible and educate myself on so many things not only in real estate but in creating wealth throughout the power of networking with others that have experience and proven track records in other types of businesses.

You don't know what assumptions to use, talk to your PMs about expenses and rental levels.  

You can start by going to www.narpm.org to search their directory of managers.