Hi Allen, I have thought about this myself extensively over the years. 

Collect the difference. 

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

The wrestling and wrangling you would have to do to collect would never be worth your time. 

I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.

I fired them last year.I just opened my mail to find a notice from a COLLECTION AGENCY stating I owed them money.

I am completely finished my 2022 tax return (requested an extension) and am at a standstill due to my CostSeg (property placed in service 2022/cost seg done that same year).

This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.

Nothing to get crazy about but no need to deal with tenants, property taxes, repairs, vacancies, etc. just sit back and collect.

My property manager I don't think has a chance to relax, but she does have systems built around her to free up the time when it comes to regular maintenance and rent collection.