Many I've talked to avoid them because it takes a lot of extra work for no extra pay.

In the end, it was the extra $$ that made this all worthwhile. - your tenant may never have rented before (or it's been a while).

I figure for now I would self manage sense I've had bad experiences with PM, one, being very slow at getting things resolved and two, the contractors they usually get seem to charge the highest rates possible!

At the same time, 10 percent seems a bit low as well given all the extra work involved.

If I bring in a partner, how does that usually work?

Squatters usually end up with trespassing and various other charges (criminal mischief, burglary, theft, usually drug and weapons possession charges or they have outstanding warrants for other stuff/ are on probation).

I feel bad for the tenant but them wanting the convenience of having the broker handle it is going to cost them $10K in extra rent.Thanks again for your advice here!

You’re losing an extra 6% per year.

The problem is that certain (usually) well-meaning individuals don't understand that policies like that end up promoting the very problems they're up against.

I am usually always around my property.