I recommend you try managing on your own, but be smart and spend time educating yourself on how to do it well by reading books, listening to podcasts, and interacting in the forums.You convince people you're not foolish by educating yourself.

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Hey @Brian Kloft, I use HubSpot, it is FREE, and it does all of the things you mentioned needing in your email.You can set up your account and be loading data into your Contacts database, all well within the next few minutes.I recommend you start there!"

I would like to get a fairly accurate figures for my modelThanks much Hi Marinta,For a 2 BR unit at Beach Villas @ Ko'olina, here are some expenses:Monthly AOAO Dues:  Approximately $2200/mo and it includes:  Cable TV, Internet Service, Other Common Expenses, Sewer, WaterElectricity:  Varies but I'd estimate $200-$300/mo.Property taxes:  Around $2k/moCleaning:  Around $200 per cleanMaintenance - minimal as units are very well maintained.  

It also had commercial potential as well as an amazing Airbnb location How did you find this deal and how did you negotiate it?

Answering these questions well help you decide if a PMS is needful right now.

All floor coverings need to be replaced as they are 5-7 years old in this rental.Thank you as well @David Lee Hall, III.  

Location will be very important as well.

Well except for the premium bid amount.