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The time spent if their are no problems is about 5 minutes checking internet banking and filling in excel my document to update rent payments. Looking for tenants, my newest property was about 10 hours total over a month. 15 minutes open times, replying to emails and calls. A few hours...

Lots of free time when crime rates are down :D Yep. Before I started I read the tenancy act many times over and got use to all the forms and documentation I needed to use and keep. Plus I've rented myself so I know how to fill the forms out. I keep all finances in an excel document...

Self manage. I have lots of spare time and the extra money saved adds to the next purchase.