Family is tough that way.

. — the parent company of Facebook — recently leased the entire commercial half of Sixth and Guadalupe, the 66-story high-rise under construction that will be Austin's tallest building when finished.Meta has just over 2000 employees in Austin currently and announced plans to bring in at least 400 additional to the area.  

Properties under 100K are high risk singles or doubles in tough areas.It’s important you understand what areas you are getting into and what the risk is on each property.I have seen a ton of investors chase what we call “paper returns”They look great on a spreadsheet but reality can be painfully different.Location is the first most important category, asset condition is second, returns are third.You have to have a grading system and an analysis system in place to find a great property.

It's a bit tough to say since I don't fully know the situation but I think you need to determine what your goals are as well.

I however am looking to hire a full time W2 employee to handle day to day operations and coordinate between these service providers and run things generally under my supervision.Need help with actually structuring the job description, company standard procedures, and most importantly how to find and vet this person.

Tough to win that battle.Just my thoughts.....hopefully you prove me wrong and make all kinds of cash on the PM business and are able to create automation and outsourcing to handle all the work at minimal expense with lots of profit.

quick back story: Self employed RE Broker in Greater Seattle Wa, my wife is a w2 employee, 133k HELOC, 50k COH, looking to acquire first investment through brrrr, flip and/or short term (airbnb) most likely out of stateGetting right into it....My wife and I have just closed on our HELOC and we have some COH as well...we have a few different options and were looking to see what others would do in our shoes....1.

I'd say the reasons to have a property manager are:-you don't have the time to do it-there may be a conflict of interest with the tenants (ie employees or students)-you live too far away-you have problems saying no and you let people take advantage of you

The problem with finding something to Flip is tough now that everyone thinks that Tampa etc. are the place to be.

I have always used an individual but if I was further away I would want a place that had multiple employees to mitigate risk of someone being sick or otherwise unavailable.