Learn how to to screen and select a quality property manager that won't cheat you or mismanage your property (they do exist).

The market of bank real estate asset wholeselling for example is very closed to a select few companies that invest millions of dollars, but when you see that big names like credit suisse invested over 150 million euros last year with one local bank's properties you have to wonder why these guys are puting so many eggs in this basket. 

If you love it and are looking at it as a way to give back, keep your fees low and select students that you really want to work with over the long term.

This team should consist of PMs, lenders, contractors, agents, and other service providers in the selected market. 

Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.

But in every deal there are decisions that need to be made on which risk to choose when selecting financing.  

Then move on to data analysis to down select and stack rank from there.

Do you due diligence when selecting renters!

You can invest in any market selecting the ones that you believe are seeing the most growth, and do it from anywhere.

One, as a lender, could require the use of an insurance company selected by the Lender!