Property Management and Your Responsibility

[Cody Jensen]

Hey guys,

if you were to buy a out of state property that you don't plan on going to often at all. You hire a property management company and then what? What do you have to do as a landlord when you had hired a property management company? Do i have to advertise and screen tenants? collect rent, etc? Do i just buy the property & hire management company and then just sit back ?

Not sure what your responsibility would be if you have a management company managing your property. 

Thank you !