They should only call or knock on your door if there's a true emergency (life, flood, or blood type stuff).

They take on the responsibility of tenant communication, emergencies, and paperwork, which can otherwise be overwhelming for individual property owners.The Challenges of DIY Property ManagementWhile many investors choose to manage their own properties, it comes with its set of challenges.

As @Sam Grooms mentioned, we've competed (unsuccessfully) against them in the highest and best.Everyone has their "tricks of the trade".

To provide an example, I was previously employed in the legal department of HHM, which at the time was a an affiliate management company of a publicly traded hotel development/operation company where we managed  the portfolio of  hotels as well as provided 3rd party management services.

Do you have multiple for vendors per trade?

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

There are tricks of the trade you cant get every time on YouTube that matter. 

The husband took care of the property like it was his house, he was a painter by trade so that helped out a lot!

If this was a publicly traded security we’d be guilty of trading on inside information, etc., but that does not apply to real property transactions.  

Has anyone identified an emerging market where you can BRRRR while cash flowing on S8 rentals?