First Time Hiring Property Management

[Tuan Tran]

Hi, I'm shopping around for my first property management for a remote property.

 * Is it necessary to have the broker be co-insured of the liability insurance?  Why?

 * Can I make my terms month-to-month instead of a full year?  What is common or best for landlords?

 ** If not, how do I better negotiate a cancellation fee if the PM is not doing a good job?

Anything else that should be pointed out?

Thanks