SFR Property Managment Fees?

[Joseph Molander]

I just talked to a local property manager about their fees and services. They are charging the first month's rent plus 10% of rent per month thereafter for SFR rentals. They market the property, manage payments, and hire out repairs/maintenance (after owner's approval).

Is this a reasonable fee?

What other questions should I ask them?

Any "red flags" I should watch out for?

Thanks for all your guys help!