Don't renew...peace of mind is more important than money (sometimes) they are out of of control-i see the possibilty of a lawsuit down the road. say goodbye asap.

I am not saying paying higher fees is necessarily bad if it give you peace of mind and the company does a good job, just make sure you don't get any surprises - tenants can be surprising enough. 

You come off as a very overbearing landlord and i like to live in peace.

The few dollars they charge are worth the peace of mind, in my opinion, but I only rent out a couple of weeks a year, not a full time effort. 

Let's say you put 50% down - that may give you the following:1) a 2% cash-on-cash yield (and even to get that you'll probably need to list and manage the property yourself, which you probably can do since it's a local property not in need of extensive renovations)2) 6% in leveraged appreciation, since you're leveraged 2-to-1 with a 50% down payment (and assuming 3% appreciation, which is about what Nobel winner Robert Schiller has noted is accurate long-term)3) a 1.5% equity buildup from loan amortization.That gives you a return of 2% + 6% + 1.5% = 9.5%.

On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anything happens I will deal with it and pay a plumber.On the flip side, with renting, one argument I received is that I will have peace of mind in case anything happens as tenants can call the company 24/7 and support will be free of charge.

i have a student rental in kingston...managed it myself for a couple years then handed it over to a PM for the past 7 years or so...its gone smoothly, no problems. they take around 8% of the gross rent (collected)...sometimes the expenses are a bit higher than i expect but the property still cashflows nicely and i get peace of mind knowing i don't need to every worry about taking calls or dealing with tenants.once i have enough doors here in sherbrooke, i plan to hire a PM even though i'm literally 2km from the properties i own...to me, real estate is an investment, not a job, so i like to spend as little time as possible (besides looking for and negotiating deals, which is fun).

One day your son or daughter and my son or daughter may be in a better financial place than we ever were because they saw real estate from a young age and the power that it has to bring financial peace and freedom.When you say your first deal, what type of deal are you looking to complete by March?

If I recall correctly Aloha means peace and compassion no?

The freed cash could go towards other investments/savings/peace of mind.