I agree with you for most DIY home projects you maximize your own earnings more by paying someone. Mowing the lawn is a great example when I think about my parents refusing to pay someone else despite being able to afford it.
I still think as a landlord there are some things you come out ahead on though. You can learn to fix a sprinkler and do it in an hour (maybe 2 counting home depot run). You'd probably have to pay someone a few hundred dollars for even a basic fix. If you own 50 properties of course this wouldn't make sense, but if you are a first-time homeowner then I'd say do it at least once.
Everyone should have that moment of a broken sprinkler head spraying you straight in the face while you figure out where the water shutoff is.
Absolutely -- most landlords either have to be handy or they have to access to cheap contractors (they "know a guy who knows a guy") to make any money at all on rentals. Otherwise repairs will eat up most of the margin.
I still think as a landlord there are some things you come out ahead on though. You can learn to fix a sprinkler and do it in an hour (maybe 2 counting home depot run). You'd probably have to pay someone a few hundred dollars for even a basic fix. If you own 50 properties of course this wouldn't make sense, but if you are a first-time homeowner then I'd say do it at least once.
Everyone should have that moment of a broken sprinkler head spraying you straight in the face while you figure out where the water shutoff is.