@Brett Coultas if you're a newbie, you want to be careful of an "investor friendly" agent selling you something they truly don't understand:(95+% of agents only know how to handle owner-occupied transactions - you can verify this by asking them calculate ROI for you or Cash-On-Cash!

I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.

Here's how to handle your situation for tax purposes based on IRS guidelines:1.

To be blunt, if you cannot handle this then there is likely to be other issues that arise in RE investing that you will be unable to handle.

My Property Manager isn't sure how to handle this, either, so I thought I would ask the community. 

At this point, I feel like they’re just avoiding it altogether.For those of you who have dealt with this before—how did you handle it?

If you have more than 4 or 5 loans, then you might want to engage a sub-servicer to handle the billing and payments.

The lower barrier to entry would be excellent for my personally smaller net worth.

For last few years I have instead had all my tenants handle snow removal.

Is this something you use outsourced resources, or are there others on staff that do handle this aspect of things?