[sigstoat]

> Seems strange. Surely a management company would happily handle all that hassle and provide a secondary income stream.

unfortunately management companies require managing themselves. even if you find a good one, they won't necessarily stay good, so you're firing them, getting new ones, etc.

and i've never heard of one that will let you hand them a property, and then eat all of the risk for you and provide a simple de-risked income stream. even if they'll do a good job of handling 100% of maintenance tasks, they're still going to send you the bills.

[rckoepke]

Sounds like a new business plan for a new market.

[sigstoat]

nothing about property management or property management in SF is "new".

anybody who can afford to de-risk a real estate income stream can afford to just buy real estate themselves, they don't need yours. there's no market here.