Is Property Management a good option for me?

[Dimas Espejo]

Hello my fellow BP members! I am currently in class for my real estate license at Larson Ed, and I am looking to close on my second rental property in the next month or so. May someone recommend a great property manager in the area that can manage my properties? I am in Southwest Florida. Also, what is the average cost monthly to have a property manager? Or do they charge yearly? Is this a good option for someone new to the buy and hold field? Any help would be greatly appreciated. Thank you.

[Thomas S.]

The best option for new buy and hold investors, if they are buying in their area, is to manage their properties themselves. It's the only/best way to learn the business and essential if you are ever going to know how to manage a PM.