First rental across country, should I get a property manager?

[Mike Smith]

Hi

My Dad passed away recently and I inherited his townhouse. This will be my first rental and I dont have any plans to take on any others. I am across the country and new to all of this so I'm not sure what to expect. Id be cash flowing around $1800/mo so paying $250-$300/mo for a property manager is within the budget. But im also not one to just throw money away.

A property manager would give me a piece of mind I guess you can say. Does anyone have experience manager out of state rentals and have any advice?

[Theresa Harris]

Sorry for your loss.

Is there a reason why you want to keep the house?  If it was me, I'd sell it and use the money from the sale to buy a rental closer to where you live (or invest the money elsewhere).  If you want to keep it, then yes, get a good PM but also look up the rental laws for the area and bylaws for the townhouse complex.  Some areas are very tenant friendly.