[aigel]

I've done it both ways.

The big pro about using a property management company is that you are one step removed from the tenants. Legally and in terms of hassle. Their drain is clogged on Xmas eve? Not your problem. They know the law when something goes sideways and when looking for a tenant.

The big con about using a property management company is that you are one step removed from the tenants. You won't hear about issues in your home that you may want to. You can't fix something simple easily and quickly without having to pay the manager's hanydman service. You can't come by yourself every time there is a repair to keep an eye on things (usually you are left to a yearly inspection by the management company)

To me, if I am physically close, it is self-mange. If I am too far (3+ hours), it is property management.

That all said, I doubt a property manager would be able to do much on allegations that the tenants drove too fast. The only thing they could do for you is cancel the lease out for you in the boundaries of the law and find you good new tenants.

HTH,

G