Renting out properties is one of the least pleasant aspects of real estate investing. The rental market has long been known to cause headaches to the landlord and strain relationships that were perfectly workable before the rental agreement was proposed. A person then has to wonder why people still go for the rental properties despite the problems that they bring with them.

Why not concentrate on commercial properties for sale. The answer to that question is that businesses always have to work to spread risk around their whole business portfolio to ensure that if something fails, the whole business does not fail.

The estates manager goes to places that you are unable to reach ?!
Delegation has to be part and parcel of your real estate investing business unless you are superman or superwoman such that you are able to be in all places at the same time. Delegation has always been a normal part of business practice because it was recognized that the investor or senior manager will have to be given the time and space to be able to think strategically.

You do not want to put them into all the little details that are the mundane existence of real estate investing. Rather you use their considerable talents in more strategic roles that can significantly increase your general profitability. Those investors who insist on managing their own real estate are likely to fail or become so exhausted that they lose all their effectiveness.