I find that all of our tenants when we say we don't use property management they jump for joy and say their prior landlord/property management was terrible to work with.I just assumed that everywhere has bad landlords who aren't willing to do the right thing for their tenants, which ultimately leads to happier tenants, longer leases and more $$ for us.

If you don't have a lot of experience cold calling or managing a team, I would recommend using one of the companies that already have a training program, they will hire and manage the VA's for you for a small per hour fee, well worth it. 

Considering there will be a  property management fee.Once you own enough equity in your investment property it will allows you to keep more of your money.

I would suggest doing your first flip close to home as there is a lot to manage, especially time and that is compounded severely when you do it from a distance.

My holding company is in one state(S1), the LLC is in a different state(S2), and I manage these out of a third state(S3). 

It’s all integrated and easy to manage from PC or mobile device.

I work for a Property Management company and have done it for years so I am not a rookie. 

To start, these are the fundamental underwriting inputs the GP/Syndicator will be making when arriving at their offer price:Management Fees: This will be very similar to any other bidder who relies on 3rd party management (and generally more expensive than a local operator who benefits from the efficiency of managing an existing local portfolio).

There are many lazy owners, so it’s not uncommon to have missing contracts when dealing with self-managed property.

@Gregory HerbertThis is why you use a property manager….I don’t want to be a pilot, a doctor, a plumber or a roofer - thus I hire them to do the job I need done.