Property management is also in place. 

Yes, I'm a Property Manager in the greater Phoenix area.We are a mid-size property manager, large enough to have great tools and support but small enough to provide personal service.

What percentage of gross revenue does an owner typically keep if they do employ a property manager?

I currently work with investors who are looking to invest SFH/LTR that are turn-key ready and manage for them on the back end, so I see a lot of benefits in that market across the board. 

Hey Rebecca, I'm a broker and investor up in Sacramento and manage about 100 investment properties (STR and LTR).Many of my clients are high W2 earners seeking "bonus depreciation" to offset tax liability by investing in STR.

Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.

I stared using this site PropJump.com to find services providers for my 3 properties I own and manage. 

I only know a few local realtors/ property managers I’m going to meet with them this week to ask more questions. 

Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.

Doing real estate and managing other peoples money from a fund are two very distinct skillsets.