PM says will do all duties except rent collection & tax deposit
I'm a 1st time OOS investor. The Property Manager now says will do all duties (including getting the property rented /maintenance calls etc) except rent collection & tax deposit. AND so will not charge ANY monthly fee.
What's going on....from legal purpose - if the PM doesn't charge any monthly $....is he /she still a Property Manager?
As an OOS investor, what should I look out for?
Thank you!