Is hiring a property management company worth the monthly expense?

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How to Decide If You Should Hire a Property Management Team
Is hiring a property management company worth the monthly expense? My answer is always a resounding yes. Managing a rental property is a full-time job. If your intent is to have a passive investing experience, I would not suggest picking up a full-time job as a property manager!

Remember that the cost of hiring a property management company is part of running your real estate business. Work it into your numbers, and be sure that your investment can carry this cost. A good property management company will usually cost you around 8-10% of your monthly rental income. In my opinion, it is well worth that fee.
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