Partial property management question

[Jairo Montezuma]

I have 3 SFH in greater Hartford area. They good cash flow so far. Property management is remote so far, however I only need assistance with handing over Keys to tenants, handling repair requests and doing walk throughs at the end of the lease.

I pay a real estate agent for listing properties and I handle payments through Rentec Direct app.

What is the rate that should be paid for property management (partial PM as described). My PM is leaving the area and I need to hire a new one. Is 6% of monthly rental payments appropriate rate?

[Drew Sygit]

@Jairo Montezuma recommend you chat with @Samuel Eddinger!

Your biggest challenge will be what to do when something goes wrong: nonpaying tenants, maintenance, mother nature damage, etc.

Recommend you include these in any management agreement you sign, so you're not overcharged when you need these services.