Need help reviewing my first Property Management Agreement.

[Billy Bell]

Hi All!

So I'm coming up on my closing date for my first ever rental property, and currently looking for property managers. I was referred to this one by a trusted friend that has a couple dozen units in the area. 

I have no idea what terms to expect in a Property Management agreement, what is fair, what should be included and what costs to expect in particular situations.

Would love if I could get some help from experienced investors with a quick look over of the 4-page agreement to see if it seems fair.

Here is a link to the blank document:

https://drive.google.com/file/d/0BwE3tEriFaNmby03NDdPQlVlQm1JN0ROU2QydG0xSFBEUVNv/view?usp=sharing

Thank you so much!