If you want to trade your money for time by hiring a PM, I recommend going with a local PM who knows the market well. 

In general home warranties suck...... the people they hire to "fix" the issue suck..... the job they do suck....customer service sucks.They band aid the issue at best and then charge you every time them come back and fix the issue again.If you run the numbers, you are often better off setting the $$ aside and paying straight up for any work needed.Every so often you will have someone that has it "pay out".... they replaced the 4k HVAC system etc..... its rare....like winning the lottery.The House always wins...... they make gobs of $$ because what they pay out is tiny compared to what they take in....that's how insurance works or no company would be doing it

If they feel this way it is my belief that they shouldn't be looking into hiring us in the 1st place.

You could hire a PM that will cost about 30% of gross income.Also there are people that thought it would be great to get into a STR and found out it is very competitive in many markets and they were having to make up the mortgage payments. 

I self-managed up to 25 units (over half mid-term rentals) until I hired someone for 10 hours per week to help me with the admin side of self-managing.

Networking and creating your "team" of professionals is one part of it, but also educating yourself on the variety of real estate investments and determining which is the best vehicle for achieving your goals now vs. later is equally important.

The Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process.Your BP Pro Membership gets you 15% off the Invelo subscription price and $100 in in-app wallet credits for paid plans. 

You may need to hire a property manager, maintenance staff, and possibly a leasing agent to help handle the day-to-day operations of the building.

Also, don't hire contractors who get put in jail!

@John CookYou're asking this on a forum which features over 20 tax professionals specializing in real estate.