So here are pros and cons of managing yourself.Pros:  you keep all profits (except 3% to credit card company), get to know guests, create a rapport with regular guests, make it personalized and memorable for your guests (my housekeeping staff was great and would leave flowers for anniversaries and balloons for bdays)Cons: Phone calls late at night sometimes, dealing with guests who are nasty and ignore your rules (ie no pets/no smoking, but it's nice having damage waiver in place), trial and error finding right housekeeping/maintenance/HVAC/plumbing people.Going with a property management company pros and cons:Pros:  they deal with all the issues and reservations callsCons: they may not be as attentive to your property as you would be and don't follow through with rules of no pets/no smoking.

As time has expired, you bought this house as-is, and your insurance has a iron-clad trial-tested exclusion.

I am sure there was some trial and error along the way. 

It is kind of like a diet but once you start losing the weight and start seeing results, you start to really buy in.

Anyone can begin investing in mobile homes with trial and error.Dave said it right above, be cautious about spending any money in the real estate field.

@Nathan LaughlinSimple....Trial & ERROR.I own a business where people in the construction trade often frequent, however turns out most of them don't hold the best credibilty.

Other platforms that do the same are include RentRedi, Stessa, Avail, Innago, Apartments.com (formerly Cozy), and TenantCloud.If you want to go a more traditional sense and work with a more mature platform that doesn't bill your tenants you might look into Rentec Direct, Buildium, Appfolio, Propertyware, or Rent Manager.The best way for you to figure out which is going to work best for you is to explore their free trial (if offered).

You can of course use this property as a trial period.

This will give you a chance to learn the right way by watching at an arm's length how seasoned professionals do it, rather than through trial-and-error where you're stressed and anxious all of the time over knowing that you don't know what you don't know and never being quite sure what to do about it.I would recommend checking out the video library on Advanta IRA's website.  

Or was it a trial and error?