Out of State Property Management

[Erica Davis]

What do I need to look for when screening a property management team or company as an out of state investor? Are there certain positive or negative things I should look out for?

[Stephen Fisher]

I agree with everything @Caleb Brown said above.

One thing that I feel is overlooked and not pushed enough by PM is renewing leases and tenant retention. See how often they are able to retain tenants and what their strategy is for keeping them in place for multiple years. Turning units costs money on so may fronts and most PM companies are not motivated to have long term tenants.