This is an investment! You need to approach it with it being a business venture in mind. Look at potential market growth, practicality to renters and area turn-over and average rent values in the area not whether it is homely to you.

Employing a good property manager can be the difference between a successful investment or not. Interview real estate agents in the area to determine policy, if they will meet your requirements and what they charge to manage a property. Find out what costs are associated with your property including advertising costs to find tenants.

You want someone that will attend to repairs and any disputes that may arise promptly. You should also look at their record of leasing properties and their average turnaround time. The last thing you want is a property manager who is unable to lease your property quickly. Remember, you are under no obligation to give your property to the agent you purchased it from.