Issue with RB2011L-RM

I have a strange issue with an RB2011. When I power it on it does not boot properly and I can’t connect to it for management. If I perform a hardware reset using the reset switch at the back of the router, it will boot fine. Once I power cycle again though I’m faced with the same problem. Anyone has an idea what can be done ? Is it a hardware issue ?

Have you tried upgrading routerOS and the Firmware to the latest version? The firmware also contains the bootcode. Please do so and see if that helps.