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your right, gross rate is 7.7%, after tax deductabilty its somewhere between 3 and 4% out of pocket expenses. it really is a case by case issue though, maybe in a few years i may have a change of heart but my time is worth more that the couple of % off the rent 'at the moment', primarly...

we were unsure of whether to self-manage or go with a PM for a property purchased mid last year so we decided to go with a PM for 12 months and try and learn more over this period to make a better decision. since then our PM has been fantastic with issues that have come up (nothing wrong with...