I agree with Jimmy about self managing.
The issue you may find, as I did in a small scheme I am associated with, is that some owners believe a “professional” manager is needed and not an owner doing the job part time. When I quizzed them: “what exactly do you mean by professional”? They were unable to reply coherently.
There is a virus in strataland that infects some owners who believe, with zero evidence, that all strata managers are:
(1) Superior to owners doing the job; and
(2) Efficient; value for money and put the interests of owners ahead of their own.
The best strata manager I ever found was efficient, but was very expensive.
When it comes to small schemes, say 6 lots, I found that quotes come in two sizes. Offered on a per annum basis they either a low balled eg $250 per lot but have huge charges for every single thing they are asked to do: send a letter; answer an email; prepare for a legal dispute (quite separate from the solicitor’s fees); call a tradesman, attend to paperwork etc. The kicker is that “attending to paperwork” may take an owner 2 hrs. The strata mgr may say it took 6 hrs at his hourly rate ends up horribly expensive. So by year end you’re not looking at say $1,500 ie $250 x 6, but possibly $4,000
Or quotes are high balled, e.g. $600 per lot, i.e $3,600 per year plus lower (than the above) charges for “additional” services as listed above.
Whatever you do, if you decide on a strata mgr, look at the contract closely.