(granted, the land was 50% of that... but the investor walked away with a nice 6 figure profit and never had to pick up a single hammer)As a reference, I made my living as an RVP/General Manager for one of the largest Manufactured and Modular home companies in Florida and specialized in both high end modulars as well as "Mobile Home Park" turn-arounds.

Hi Dane,We work with Section 8 in Jacksonville quite a bit with our property management business.

It is now going to May and I haven't   received money towards the mortgage and i even contributed to the utilities (silly me not wanting to get in trouble).

I use a management company so didn't advertise to any of my STR guests that I was the owner.

I live and invest here and could recommend some agents or property managers and answer any financing questions you might have.

I believe one of the most difficult parts of real estate is scaling your purchases and management.

Do I have to hire a management company?

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago.

I self manage that as well. 

However, depending on the property, you may have trouble getting financing as a beginner and may need to bring someone else in on the deal with you.