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Can I get a commercial loan without 25% down?
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Property managers range usually 50-100% off the first months rent plus 6-12% off the monthly rent and a renewal fee of 50-100% of a month's rent. Often you are required to use their repair team and they make money there too. However, if it can flows and is appreciating do that or consider a 1031 for something else is your opposed to it.
If you go peppery manager interview a few and find a good fit but just the cheapest.
The partner piece is a whole different topic and depends greatly on your goal.
An old property in another state that you can’t handle on your own sound like you either need to sell or hire a property manager. I find private funds WAY easier to deal with compared to the efforts of direct ownership.
I feel like you have been on this app already before and asked this same question. You already got an answer. Sell the house or manage it yourself. I also have a duplex and got it pre manage, I don’t expect my spouse to help with it
If the investment doesn’t work for you (or your household situation), then move on. There’s plenty of investment options out there, and not all of them are for everybody.
Property managers are paying a fee for someone to pick up the phone.