Direct answer
Self-managed: 2–4 hours per property per month. Professionally managed: 30–60 minutes.
Expanded explanation
Time is concentrated around turnovers, capex events, and lease renewals. The first year of any property is heaviest. Building systems (paperwork templates, vendor lists, screening process) drops ongoing time dramatically. Past 3–4 properties, professional management almost always pencils.
Examples
- Year 1 SFR: ~40 hours; year 2+: ~25 hours.
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