I'm with Brian... given those cash flows simply go with a PM... maybe even pay them a premium.I understand your philosophy of amount of work per dollar earned... but instead of dropping the property completely to reduce the workload, why not outsource some of that work at the sacrifice of some of the money???

Needless to say, my day time job was starting to suffer so I had to make a choice, either outsource and scale or go crazy.

You can also visit www.fiverr.com to outsource some of your optimization needs for as little as 5 bucks. to see what works best for you before you focus your time on one specific strategy.

From communication, customer service down to maintenance and outsourcing for bigger jobs.

That is one of the most important tasks in the rental business IMO; much of everything else can be outsourced with less trouble (like repairs for example).Lastly, if you use an agent, often they will just use the "standard agent lease form" for the state you are in.

I agree that this is about as passive as you can get, and personally, I absolutely love having the control over simple buy and hold SFR's rather than putting it into stocks, REITS, or other outsourced investments, but I am interested in a mix of different types of investments.

Seterus had outsourced the refis under HARP to them.

Hello Gentleman,Can the above be outsourced on a contract basis?

Ultimately I will seek to outsource some of that, but fist I want to create my process and then pass that to someone else.

If you don't want to do it yourself and you don't have someone else to do it for you, then hire someone or outsource it to a company like YellowLetters.com.You can always conduct your own test.