I just got one last month that had been on the market for awhile and after moving out it's around 13% when estimating 10% Vacancy and 10% management fee, both of which I won't be paying on for a bit. 

You can only obtain this information through property manager interviews.Simplistically, ask multiple property managers the same question.

Sounds a risky but I’m open to hear more if you have a good strategy for managing the risks👍🏼 

@Daniel KebedeRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Any tips on managing the property efficiently, especially considering my limited time and technical skills?

My brother-in-law/ real estate partner rented a home on Emerald Isle and met a property manager and they spoke and started a relationship.... three weeks later we owned this home.

Our efficient project management ensured the renovations were completed swiftly and within budget.

I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas. 

My name is Ryan Montes, and I am a branch manager with Change Home Mortgage, based out of Anaheim Hills, CA. 

There are 2 main reasons 1) proximity to Mexico 2) water pollution, which is related to #1.