Also it depends if you hire a company or if you are hiring a person and paying them hourly - the hourly cleaner will be cheaper, but there's more management involved on your side.I pay $120 per turn for a 2br condo.

I am fourth generation for a family owned management/development/consulting company based in Southern California but I am in Idaho for college around 9 months out of the year.

There are some that manage to find the money and the deals quickly when the market is just right (and they have plenty of cash), but most success is built slowly, over time.Increase earnings, reduce expenses, save up, invest.

@Eli JoffeTo make smart choices for your first rental in Cincinnati, look at key numbers: buy price, fix-up costs, closing costs, monthly rent, mortgage, management fees, vacancy rate, and upkeep costs.

House hacking will also give you some personal "property management" experience.

@Eddie Smithyou hire a good property manager and let them take care of it. 

I run a vacation rental company with about 50 homes under management, but I also have a nonprofit management background.

Get your hands a little dirty, and a little experience managing a project.

Can you recommend any local property management companies that specialize in student housing?

I would never want to manage 27 properties.