I also help my son with his property management company.I am happy to chat with you at any time.

Doing property management and investing in every corner of the city and suburbs you learn a lot about each area.  

In any event, I'm soooo glad you've managed to move on from such a vicious attack :eyeroll: Wow you have issues, go away.

I did manage to get things ship shape enough to get it ready for a bank.

I don't have any padsplit though for reasons I'll tell.You will be mostly wrong assuming padsplit is lower effort, hours / week managing vs airbnb.   

I am not planning on driving the routes - would need to have a manager & dispatcher while having trucks and drivers actually drive the routes and deliver packages.The businesses seem to be quite strong cash-flow-wise but I'm not sure if it's a good idea to get into this business.Would appreciate any feedback on this.Thanks.

Hello BP Family,I've managed my own properties for over a decade and I'm looking to start a property management business where I manage other investor's rental properties. 

Sure, about one in 2000 times, by someone experienced enough to recognize a very unusual situation, having the capacity to act on it, having the financial strength, experience and tract record to be able to attract the needed capital, having the knowledge and ability to structure the deal, having the ability to manage and or reposition the property after purchase, and having the capacity to carry the negative cash flow until turning the property around or obtaining lower cost financing.  

In today's world, unless you are looking for a job to manage the investment, there is no reason not to look to a state that is more landlord friendly.  

Of course, there are construction considerations building on concrete, but nothing that can't be managed.