Learning to manage properties yourself is beneficial because it helps you become a more effective manager when you eventually hire a property manager.

“Getting the experience of doing it yourself will help you be a better manager of property managers when you go to hand it off because you don't just give up managing your assets when you hire a property manager. You just pick up a new job of managing your manager.”

New construction properties offer significant advantages in property management due to reduced maintenance needs and stronger tenant demand.

“I think this is kind of a no-brainer. I've bought mostly old properties in my investing career. You get better deals on them for sure, but they're a pain in the butt.”

Self-managing properties provides valuable experience that helps investors understand their business workflow and better manage property managers in the future.

“I've heard this advice and would definitely second based on my experience that self-managing at least for some period of time whether it's a financial consideration or not is really going to help you understand your workflow and how to make a deal work for you.”