One should be cognizant of diversification in your real estate portfolio, so spreading investments amongst apartments, self-storage, mobile home parks, single family residential, commercial and raw land development is a great way to achieve this.

I choose to self mange this property since it is at a higher rent rate and new construction.Deal finding: Upside opportunity to increase rent over time.

Is there an absolute abc formula I don't know but for my self and my clients those who commit find a way to win becuase it is the only option.  

If you want in the middle than self management of LTR in a C+ or higher area is probably the option.

From our website:Vacant Rental MarketingWe publish rental properties on 20+ websites, track all inquiries, showings and applications, so we can provide you with feedback via bi-weekly Property Marketing Reports.Here’s some of what our Marketing Department does:Marketing Pics are edited, so your property looks its best:Pics have our Watermark, to avoid crooks copying them and creating fake ads that may result in our ad being dropped from a website.Advertising is published on 20+ websites :We no longer use “For Rent” signs, they statistically attract lower quality prospects and increase the likelihood your property will have a break-in and theft.We track Web Views and Inquiries, analyzing the numbers to identify problems and trends.Showings are exclusively scheduled via our online scheduling software:Prospects can self-schedule at their convenience, 24/7/365, which increases showings.Prospects receive multiple automated communications after a showing, encouraging them to apply and give feedback.We track Scheduled Showings versus Completed Showings to identify potential problems.Our bi-weekly Property Marketing Reports show you Period & Total amounts for the following:Web ViewsInquiriesShowings ScheduledCompleted ShowingsApplicationsWe analyze this data to provide you feedback about what the numbers mean we should do to get your property rented faster.

I self manage the other 4 singles I own and effort is minimal, I actually like it most of the time.

@Nathan G.Note to self, don’t move to Cody Wyoming. 

I plan to self manage for this time being since I have a great cleaner/repair service team who also does emergecy calls for me.

The criteria I'm hoping for would be the following:-Jumbo loan ($1.2 mil ARV)-80-90% LTV (hoping to use a 10% down second home loan if possible, as it will be a vacation home/self managed Airbnb)-No seasoning (or light 3-4 month seasoning, as the intention is to be ready to refinance end of Jan/early Feb)Any recommendations would be greatly appreciated!

If you want to self manage, stay out of Waterbury and Hartford.