Don’t decide on a property manager to look after your $800,000 + investment based on the lowest fee you can find. Offering the lowest fee is a lazy man’s game to getting customers. Offering value is harder to do, and is worth infinitely more than a 7.5% management fee. Professional property management will manage the risks involved with tenants, and enables your property to grow your wealth against inflation year after year.
Any property investor should have his assets professionally managed. Just as any business man should have a professional accountant and lawyer on his team.