If you are able to manage it yourself, I think you will get a lot of very helpful education in real estate by spending a least a year or two doing that.You'll be able to work with property managers a lot better if you've done the work yourself for a bit, and it also helps to get familiar with the various laws and regulations you have to comply with as the owner, even if you do have a property manager in place (e.g., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.

I mean, don't get me wrong, we have to comp the property...so if you are looking to REHAB the property and make it something different, then you need a rehab loan first and then refinance after type of thing. 

As a PM, I'm authorized to make emergency repairs without owner permission.

* Are all my invoices uploaded to my owner portal?

Iown a 2bed/1 bath property in the Fort Worth Tx area.

Are you self managing those properties?

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

I've personally done just about every rehab scenario, properties I've lived in, properties bought as investments and even properties bought at auction.You've gotten good advice from folks on this list.

My property manager is Larry Crumley of Continental Realty.

My strategy would be to target properties which are most likely of the owner NOT redeeming.