Which property management style allows owners to directly manage their own properties?

Self-Management is the correct choice because it entails property owners taking on the responsibility of managing their own properties without the involvement of a management company. This style allows owners to have full control over all aspects of the property management process, including tenant relationships, maintenance decisions, and financial management. It is particularly suited for individuals who have the time, expertise, and resources to handle these responsibilities effectively.

In contrast, other management styles, such as Professional Fee Management and In-House Management, typically involve hiring external firms or personnel to oversee the property, which removes the direct management responsibilities from the owner. Asset Management focuses more on the strategic management of property investments and maximizing the property's financial performance rather than the day-to-day management tasks that self-management entails. Thus, self-management is distinctly characterized by the owner's direct involvement in all aspects of managing their own property.