One can also or should also take into account the emotional/mental and life style factors that may come into play too since everyone has different preferences on what they'd like to do with their free mind / time space.I think for some the 14 hours is more than acceptable however if a person was willing to trade that 14 hours and perhaps reduce it  down to 20-30 minutes of calls/emails per month by hirining a professional manager it may make sense as well depending on the cost.

Thank you everyone for being willing to help me.

Everyone had great points above but something that stood out to me is that you said option 2 is in a good location.

Our real estate attorney had us move to 7-day notices with our MTR and everyone is content.

Hello Everyone!

Hello everyone, just wanted to know where I can find recently sold Multifamily properties in Houston, Tx.

Thanks for your help everyone

Hi everyone, veteran owned property management company here with licensed and professional experience in property management and real estate investments.

Hey everyone.

Also, let me just say,  I feel your pain... everyone thinks rentals are easy, and passive, but the truth is--  they continually need things--$$$$$, and it's a list of ongoing expenses.