I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

A property management company pays 15.3% self employment tax on income. 

From my experience those who succesfully self perform have enough volume where the construction management becomes their full time employment.

I got my start in commercial real as a commercial property manager 20 years ago for my grandfathers small development business.

I’m a realtor, MTR Investor and Property Manager.

@Paul DavidsonThe PM manages the property and handles all tasks associated with that.

They will automatically receive their signed copy once they complete.Another option is to hire a property manager who can handle the under writing of the lease and addendum.

Develop strategies to address each risk factor.Professional Advice: Seek guidance from real estate professionals, including real estate agents, property managers, and financial advisors.

I am a huge supporter of Market Leader (used to manage accounts for 40,000+ agents across the United States) and have seen many agents have great success with their leads program, but it is expensive.  

For all you Airbnb investors/managers....What is industry standard for Airbnb management fees?