@Jag Sekhon - the reality is that you CAN"T outsource everything.

I value my time more than I value money at this point in my life, so I outsource all aspects of getting my rentals ready for the next tenant.

Also, most of the outsourced asset management firms don't even have access to these numbers, not that it would matter anyway.And stop sending the Garbage along with your offers.

Are there certain aspects of the management you would want to stay involved in vs. outsourcing?

Partner up with people are have strong points that you are lacking in or outsource them.You need money to invest in real estate.

They now have ""Retail Agent Program" which means that outsource coverage through local agency, that local agency does nothing, can't even email a quote.

It allows them to upload a photo and makes it easy to track (and easy to outsource in the long run).Best of luck!

I already do repairs and maintenance on 19 units, so not really looking forward to all the headaches inherent in taking on a new 6 unit property built in the 70's (I would outsource more but it's nearly impossible to find quality labor around here, this is a boom town likely cresting the market cycle so all the non-methhead workers are booked solid for months and the smart ones stick to new construction or high-end stuff and wouldn't return my calls on most of this crap.

In addition, snow removal and lawn care is typically under the realm of the landlord as well (you can outsource that to the property management company or outsource it on your own).  

If a Realtor is spending 20-30 hrs/week knocking on doors to find you a deal, and you are outsourcing all of the contracting work, and using the Realtor to sell the home, what exactly are you getting paid for?