Absolutely! It all depends upon having the time to manage your own property and living reasonably close to the property. Managing your own property will save you quite a bit of money that otherwise would be spent in paying a property manager. The property management company is also going to charge you up to 10% of the costs of any repairs which have to be made. Investor friendly agent Bill Edge helps his clients by serving as an unpaid mentor and advisor. The client manages the property but Bill gives them advice and the names of service personal to make any needed repairs. Home warranty companies such as First American Home Warranty are now providing investors home warranties for their properties. The tenant calls the home warranty company instead of the owner and the home warranty company takes care of the problem. The owner also does not have to worry about the cost of a major replacement such as the Air Conditioning system.