MTR property management companies

[Catherine Ding]

Hi,

I am an OOS investor considering doing MTR in Columbus, Ohio. I don’t have a property yet but am looking at options. Since I’ll be long-distance, I’m looking for companies that provide full service (even better if they also manage LTR but not a must). Any recommendations would be appreciated! Thank you!

[Nathan Gesner]

Quote from @Catherine Ding:

In the eyes of the law, there are two types of rentals: short-term and long-term. Anything rented for more than 30 days is a long-term rental. You should follow the same laws, advertise on the same sites (plus maybe a couple extra), use a written lease, collect a deposit, etc.

Make sure you use a property manager that understands this. Far too many people treat their month-to-month rental (often referred to as MTR) more like a short-term rental and that's a great way to get into hot water.