I only SM my properties –
that are a 5 minute drive away
that are close by and have been poorly managed by PM’s (each one of these ha had 3 PM’s in the past – hopeless)
that have long-term tenants, good payers, good property maintainers

It is worth a go, follow the rules by the RTA, you will learn a lot, do EVERYTHING in writing with the tenant, eg if they ring to say xyz needs fixing, follow up that conversation with a summary email.

I would also look for a new PM who may help you, and be there as a back stop if things go wrong – that is the time-consuming part.

Regardless, find I am micro-managing anyway with or without PM’s.

Remember, do the right thing by your tenants, they are gold…

Happy to help anytime

Katie 0408 102 552