It’s been said that property management is just “money for jam” – but that only applies until something goes wrong! That’s when your property manager earns their fee. That is when you’re going to need someone on your side, acting as an advocate and supporter; someone who knows how the law affects your situation; someone who can advise you and act on your behalf.
Someone, in fact, who is prepared to roll their sleeves up and get on with the job, however arduous and complicated it might get. And that is when you’ll discover that paying a small percentage of your rental income for such a service is really a very good idea after all. You’re also going to need someone you feel you can work with to help you move towards your property investment goals.