ARE YOU EXPERIENCING An Investment Property Handled By Someone Else?

Do you have a house you use for investment purposes that is managed by a management company? I am considering buying a condo near Disneyworld for investment purposes and additional income. It really is in a management supervised rental program where they’ll lease it out for you. I don’t know if this might be considered a good investment for me personally.
I don’t know what kind of hassles it might entail on my part. Have any experience was had by you with this? Some questions to ask: What is the monthly Management Fee? What services will the Property Manager provide? Just how do they choose the lease amount? How will they advertise the rental?
How do they screen potential tenants (ie what certification do they use?)? How do they deal with maintenance-phone calls from the tenant and what service companies do they use and the type of fees are participating? Will the house supervisor communicate/work with the HOA? I possibly could settle the bills between tenants.
Thankfully, the Lee County (Fort Myers) Utilities is setting up to handle out of state/out of country possession/bill pay. So I could do that online from your home. I believe I DID SO have to send an image of my driver’s license though, which was a bit of the pain. It is also several hundred dollars out of pocket when it happens (the resources have “start up/connection charges” in addition to the monthly usage charges).
Specifically, the financial crisis and consequent tough economy were … Read the rest