Many of us get frustrated self managing and seek a property manager for various reasons.For me, it was a combination of problem tenants for one of my properties, then a few months later I moved across the country and came to the conclusion that hiring a full time PM would be my best course of action to maximize efficiency on my properties.

If you have any questions related to the property management side feel free to reach out I'm happy to help best I can

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

If you do decide to do it you can get better rates on conventional loans. 

When considering a vacation rental manager, take a close look at the Airbnb management contract.

My property management company was "negligent" in keeping moss and algae from growing on the wood steps, rendering them slippery after a rain.  

@Le Yi Hey Le Yi, this might be off-topic but since you're in TX, how did you find your property manager for your rental in Fort Myers?

How did you go about interviewing, hiring, training and managing them? 

I would love to touch base and hear your process, management companies you recommend (if any), how do you find your renters (through a service or on your own?).

I don't self-manage this property which definitely cuts into my profits, but I'll still consider this a win for now because it's appreciating at an average rate of 9-10% a year.