We've always self-managed our medium-term rentals in Colorado and once you get your systems down, it's not much work at all and the money you save is well worth it in my book. 

Forty years ago we had gurus, the difference was that the gurus then weren’t anywhere near as polished, their sales/marketing system wasn’t any where near as refined, and that the most they ever hit you for was “a complete system represented by 3 workbooks and 24 cassette tapes’ valued and sold nationally for $999 but if you order in the next 24 hours you can have all this for $499”.

On top of that, you have other costs, such as permit, water, electricals, sewage system, etc... 

Self management is very well, manageable especially once you have the right systems in place.

I also have multiple investments as an LP in multi-family properties and I have 5 single family long term residential rental properties.

Professional management companies will often times have the systems and processes in place to give your property the greatest chance for success.

Then think about putting extra things for safety such as lights that turn on when they sense movement or an alarm system.

I have had some great success in the single family & small multi-family space over the past several years.

We're going to start a full renovation of the first unit of our multifamily very soon.  What are your recommendations for kitchen cabinet colors?  We are planning to upgrade all the units and increase rent by using qu...

New Hampshire has a relatively unique business profits tax system that is foreign to most of the country.