Your advice to take my time and absorb as much knowledge as possible really resonates with me, and I appreciate the reminder that every expert was once a beginner.

Once the investor enters the life expectancy of the capital expenses, financing, short term financing, rehab costs, turn costs, maintenance, and expected sale or rental revenue, the property management features will project the cashflow, equity, and profitability.

I attended its summer sale yesterday and I bought two properties.

However, you should still have the name and contact information of the manager, CEO, or whatever the responsible party is.

They *should* get a "good" salary for managing your money - and they *Should* focus on the deal full time. 

To answer your last question, self management is possible but most people have no idea how difficult it is to self manage a truly successful STR with 60-70% occupancy.

In my first fourplex, we planned to tell the tenants that we were the managers.

I have been managing manually as my property manager was doing it for me until last year, but now I manage the properties and I started using Stessa.

And I am fine with both long term and short term rentals.

Hi all,I own a condo and I am thinking of going down the MTR route vs long term.