You would have to self-manage though, as paying a property manager will eat up most of your profits.

Quote from @Crawford Peay: Hey just wanted to jump on here and introduce myself My name is Crawford Peay, I am located in Memphis TNI help investors buy and sell properties along with managing their portfolios in Memphis and the surronding area!  

Quote from @Krista Lance: @Kevin Sobilo @Thomas Talbert Sorry - I should have specified more, I have a property manager for these properties, and they track all of the accounting, etc.

Hi everyone,I'm curious to know if any property managers here send feedback forms to tenants after they've moved out.

Even help with after you get your property with calls that help you manage the property manager!!

I have managed to get myself into a bit of a complex situation on my first deal and I'm looking for some advice. 

Concern: LA’s landlord laws, headaches from self managing, a good deal may still have tenants occupying it, if I ever leave it's an alligator so it costs more than the income it makes3️⃣ Out-of-State Rental – Get skin in the game sooner by buying a cash-flowing property elsewhere.

Many real estate investors don't realize they may qualify for a valuable home office deduction when managing their rental properties.

And I certainly wouldn't have survived it with no investor losses, as I was able to do thanks to having a manageable portfolio at that time.All that is to say that I wouldn't change a thing.

20% is not high for managing a STR.