Do I need to hire a property management company?
We will be relocating to Ohio from Florida and are interested in renting our home in Florida. I have talked to several different PM companies in the area and I am now wondering, do I really need a PM company. From what I could gather it seems like the only benefit to using a PM is that they help find qualified tenants for the property. All companies want to charge 10% per month and keep the 1st months rent as a finders fee. Some will take care of any repairs under $200 automatically, which I do not like the idea of, and others will call me with any issues that may come up. I have my own handyman that I can use for any issues that may arise. With that being said I am struggling with the idea of hiring a PM instead of doing it myself. I am looking for any tips/bits of advice that any experts out there may have. Thank you in advance- Adam