Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.

When I looked into it, I saw that the STR she paid for was managed by Vacasa, yet the "owner" was answering requests from guests for bookings and taking money. 

I understand equity and cash-flow are related, but what I mean is that I don't need the cash flow right now as much as I'd like to build a strong portfolio that can cash flow even more later on.I've owned a single-family rental for 4 years, but on mulitple fronts I felt like I've done a poor job self-managing it, so this Fall I picked up the Turners' book on managing rentals and that's what led me here to Bigger Pockets online.

They charge 15% reservation fee for a complete management or $150 monthly if you do place bookings and they do coordinate maintenance, inventory, cleanings, front desk, admin stuff, and etc. 

I am eager to learn more from actual experience, not just books and websites!   

People want and use them and if you don't have them, some folks will pass on booking. 

I just recently decided investing in real estate is what I want to do to set myself up and in this past month I have purchased books and just consume myself with learning what I can about investing.

I'm currently reading Brandon Turner's book on No and low money down.

Hi BiggerPockets community,I’m an 18-year-old just starting my journey into real estate and wealth building, and I’ve been following the strategies laid out in books like The Book on Rental Property Investing.

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.