Outsourcing can be viewed as "expanding the team". When the amount of capital grows, identify which areas you add the most value and which areas are better left to the team. Some items may be decided based on personal preference. Call me strange, but I don't mind the monthly bookkeeping. It can be done on short call or over a long layover and keeps me more aware of the finances. My attention span for daily tasks is limited and my availability is not guaranteed so as the number of tenants has grown, most of the tenant contact comes from someone else. When we had just three houses, my wife took all the calls. When we grew into storage and NNN employees and brokers began handling most tenant contact.
​​
​​While I've enjoyed many of my own home improvement projects, a skilled trade can get the work done sooner. When dealing with investment property, expediting repairs and rehabs that create cash flow makes sense. The key is treating repairs and improvements like a business not a home remodel project.

​​​​​​Syndications are an example of extreme outsourcing where everything from acquisition and financing to repairs and management are handled by someone else. You evaluate the team the syndicator has assembled, the underlying asset and the business plan. In some cases it's better to give up 20% of the profits in exchange for someone else taking on the majority if risk and responsibility.