Investment Info:Small multi-family (2-4 units) buy & hold investment.

The only way that I see it paying off is if you hold onto the property for YEARS, then maybe you will start to see your ROI but until then, it's just an extra burden that you would have to worry about. 

Rode it though some funky seller issues whereby it changed hands between 2 different owners while I had it in escrow (fun!).

House hacking in San Diego provides opportunities for equity growth, increased rental income, and hands-on property management experience.

While you are not required to have a property manager for your long-term rental (short term is a different story), you can only handle administrative functions such as making phone calls, paying bills, selecting a contractor, etc. and must be completely hands off. 

I couldn't dig deep enough with a 2-hand orbital floor sander (not the U-sander one).

There are a handful of turnkey companies that do all of this heavy lifting for you and present you with a fully renovated and rented property.

Investment Info:Condo buy & hold investment.

At least see the property first hand before you buy.These are just free advice from those that experienced, or know someone close with experience that would dictate this.

So, they're clueless as to how much time is actually required to PROPERLY manage a rental.On the other hand, when something goes wrong and takes a LOT of time to address, owners expect the PMC to cover it for NO ADDitional cost:(So, PMCs (at least the ones that want to stay in business and make money) are forced to try to average everything out.BTW, what do YOU think the 8-10% covers?