Make sure you have a property manager with good communication, my property didn't need much attention but on the occasions it did, it was difficult to make sure everything was properly and timely taken care of.

If he was around or communicating this would be a lot easier.  

It's definitely not true in all cases, but this is something you'll often find in mass-marketed offerings that are trading more on their ability to run broad communication than their relationship and track record with a tight-knit group.

Education may hold you back if your writing, communication skills, marketing skills, etc are lacking though. 

@Noam AdlerUnfortunately the biggest challenge in property management is communication with owners and tenants and vendors as well as the property management company not having proper policies and procedures and structure.Very similar to you I started a property management company because I could not find anybody to manage my own portfolio of homesOne thing I would suggest you want to learn and be very aware of is that you are opening a business which is one of the highest regulated in the real estate industry with the most lawsuit involved take the time to educate yourself regarding all the IRS local property code as well as real estate law and accounting.create the proper business structure and organization chart ,mission ,vision ,culture before you start managing even one doorUnderstanding that you want to ask people what they want but you also have to remember that you were running a business that needs to be a profitable business that also keeps owners out of lawsuits as well as yourself.I would also suggest that you make sure you have enough capital to fund your business to be able to invest in things such as software and other things that will make your business run more efficiently

@Farris Roach III @Casey Wheeler I've used them for a couple years now to purchase multiple turnkey homes, and generally I'm very satisfied with their service, communication and quality of homes. 

.), linens (towels, sheets, comforters - they need to be thrown out every 3-12 months), Lawn care - not just mow and blow, but garden beds tooPest control - 80/qtr furniture - it doesn't last forever.Maintenance - normal + changing light bulbs, fixing furniture, loose doorknobs, etc.Administrative software - dynamic pricing engine, guest communication system Hosting fees - this is not a passive model.

Communication was difficult which in turn caused closings get pushed back etc costing everyone money.

His title company is awesome - they even have their own app (Title Leap) where you can track all your deals, important deadlines, and see all the communication (to and from the title company).

With properties built in the 1960-1970 that have seen some or all the units renovated, the per unit prices are $85-130,000 for an average size 2BR/1BA with 600-900 sq ft.