Good property management is an absolute necessity of real estate investing though, on a day-to-day basis it can be time consuming and just downright maddening. Not everyone has either the skills or the temperament to do the job. If you're not a "people person" with strong communication skills, this is not something you're going to like to do. Not liking what you're doing generally leads to procrastination. Putting off needed management tasks is not the way to get and keep good tenants.
However, it's a huge mistake to think that if you hire a property manager you're not going to be involved with the property -- and a bigger mistake to actually not be involved. Yes, in theory, with someone else overseeing the place all you really have to do is:
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