I'm firing my PM. Is there a best time to do it?

Question

Hi All. I've finally had enough of my property manager. They are friendly, but maintenance is a major issue, with a rat infestation from early October not yet addressed (no exterminator has come although approved immediately). My tenant is leaving mid lease (domestic violence). I have to give PM a 30 day notice that I'm letting them go. The question is do I fire them today or should I wait till tenant leaves at end of month? Anyone with experience in doing this? What should I be considering? Will the PM still try to recoup security deposit if there's damage? Many thanks in advance.

James Jones · Answer

Short answer: don’t wait just because it feels convenient. You fire a PM based on risk control, not calendar timing.

A few things to think through:

Health & habitability issues change the math

An unresolved rat infestation for months is not a minor miss. That’s a liability issue. At that point, keeping them just to “get through the move-out” actually increases your risk, not reduces it.

Overlap is better than a clean break

The ideal move is to:

• Give notice now per the contract

• Line up a new PM immediately

• Have the new PM take over before or at move-out

Even a 2–3 week overlap is worth it so inspections, pest control, and turn planning are done correctly.

Security deposit control matters

Check your management agreement closely:

• Who legally holds the deposit?

• Who is responsible for disposition?

• What documentation is required?

If the PM holds the deposit, I usually want termination before move-out so I can control inspections and deductions. You don’t want a disengaged PM handling that part.

Domestic violence move-outs require precision

There are very specific legal protections in many states. A competent PM should already be on top of that. If they aren’t, that’s another reason not to delay.

Thirty days goes fast

If you wait until the tenant leaves to give notice, you’re just extending the relationship another full cycle. Meanwhile, nothing improves operationally.

My rule of thumb:

If you’ve already decided to fire them, the best time is when you still have leverage and visibility, not after they mentally check out.

Document everything, read the termination clause carefully, and bring in the replacement PM early. Clean transitions protect assets. Delayed ones create messes.

Hope that helps.

Jim Johnson · Answer

That’s a tough spot, but the timing really comes down to risk during the transition.

If you give notice now, consider how engaged the PM will be during their final 30 days — especially with an unresolved pest issue and a tenant exiting mid-lease. Those situations need close oversight and documentation.

A few things to think about:

• Make sure all tenant documentation is in order (lease, communications, condition reports), especially with a mid-lease departure. 
• Get full records of maintenance history and vendor details before the handoff.
• Clarify in writing how the security deposit process will be handled per the lease and state law.
• Ensure you’ll receive all keys, invoices, and tenant files smoothly.

Make sure all tenant documentation is in order (lease, communications, condition reports), especially with a mid-lease departure.

Get full records of maintenance history and vendor details before the handoff.

Clarify in writing how the security deposit process will be handled per the lease and state law.

Ensure you’ll receive all keys, invoices, and tenant files smoothly.

Some owners wait until turnover is complete to avoid disruption; others transition immediately when confidence is gone. The main question is which option creates fewer operational issues right now.

Adam Bartomeo · Answer

With all that's going on with that property I would suggest waiting until the tenant is 100% out. You do not want to be dealing with rats, tenant move outs, security deposits, and interpretations of the law. You can have a base line on which to start from.

Stephen Quesinberry · Answer

I’ve been through this a few times. I’d start the transition as soon as you can, based on when the new manager can take you on, not based on trying to time a “clean” handoff with the old one. The sooner you start, the sooner the new PM can get eyes on the property, get maintenance moving (especially something like rats), and be ready to turn/market it. Waiting usually just drags the whole thing out.

A few things I’d be thinking about:

• -Give notice in writing today, and ask for a clear timeline for turnover: keys, vendor list, lease docs, ledgers, photos, and any open work orders.
• -Get everything documented now: tenant communications, the rat issue, approvals, and what was (or wasn’t) done. That paper trail matters.
• -Security deposit can still be handled, but make sure you understand who is holding it and where it’s sitting. Confirm the exact amount and request it be transferred (or escrowed) to you/new PM at turnover.
• -If the tenant is leaving mid-lease due to domestic violence, make sure you’re following your state/local requirements and documenting the reason properly so you don’t accidentally step into a compliance issue.

-Give notice in writing today, and ask for a clear timeline for turnover: keys, vendor list, lease docs, ledgers, photos, and any open work orders.

-Get everything documented now: tenant communications, the rat issue, approvals, and what was (or wasn’t) done. That paper trail matters.

-Security deposit can still be handled, but make sure you understand who is holding it and where it’s sitting. Confirm the exact amount and request it be transferred (or escrowed) to you/new PM at turnover.

-If the tenant is leaving mid-lease due to domestic violence, make sure you’re following your state/local requirements and documenting the reason properly so you don’t accidentally step into a compliance issue.

In my experience, it’s not worth waiting around hoping for a cleaner exit. Start the process now, get a better operator lined up, and you’ll be in a much stronger position by the time the tenant is out.

Joanne Fagan · Answer

I’ll chime in on the rodent infestation. I’ve struggled with this here, in coastal SC, where marsh rats and roof rats are a common problem. Ugh! For years, I managed a few of my own year-round properties. When I started two STRs, I hired a PM company to help. What I’ve learned is that they seem to have to scrape around for good, competent maintenance help as much as I did when on my own. I mention this because, on too many occasions, they wasted my money by paying for service visits from incompetent providers who, ultimately, couldn’t solve the problem. I finally dug into my own research and found a service that effectively solved the problem. I’m not sure which is better - a PM who responds with bad help or one who doesn’t address the problem. 😜 My point is, I’d consider including a clause in your next PM contract that allows you to retain some level of input or control over the choice of service providers. This doesn’t have to involve engaging with tenants, etc. My company does ask if I have a preferred provider, when problems arise. Sometimes yes, sometimes no. Of course, I’d rather remain completely “hands off” but, unfortunately, too often this results in an inferior outcome. If you want to remain completely “hands off,” you’ll probably have to adjust your expectations. 🤷🏻‍♀️

Peter Mckernan · Answer

Sounds like I would fire them today, but before you do read the contract make sure there is nothing they can get you on the hook for.. If they can, just make sure all items are documented on everything!! You can still fire right away, but make sure it is all documented 100% to make sure you are in the clear!

Michael Smythe · Answer

It's a delicate situation due to timing.

Perfect World - tenant moves out, current PMC does MoveOut Evaluation and settles security deposit charges & reimbursement, then hands property to new PMC.

New PMC does TakeOver Evaluation and finds nothing amiss, then handles pest issue.

No, how do you make all this happen, without the current PMC pouting, retaliating or abandoning your property?

One big lesson to learn from all this - what lease & tenant info do you currently have access to?- We find many PMCs don't make leases and rent ledgers readily accessible - even if they have Owner Portals. Make sure your new PMC is required to do so.--- Even though we post a lot of documents & info to our Owner Portal, we do NOT share tenant contact info while we are managing a property. Too many issues with owners "trying to help" by directly contacting tenants, but actually making things worse (including causing lawsuits).

Theresa Harris · Answer

If they need 30 days' notice and your tenant leaves at the end of the month, now is the perfect time.  Find a new PM and let them place the new tenant once the home is ready to be rented.  If the current tenant is leaving due to domestic violence, check your local laws as they may be allowed to leave on shorter notice and not stay the full month.

Scott Nachitilo · Answer

Since the tenant is already leaving, it’s best to let the current PM finish the move-out, including inspection and security deposit handling, then terminate immediately after possession is returned. Switching managers mid-move-out often creates confusion and disputes over damages and documentation.

That said, the rat issue is a serious failure. Make sure you document everything in writing now.

The PM can still deduct from the security deposit if they follow state law and properly document damages. Confirm where the deposit is held and how it will be handled before giving notice.

Denise Supplee · Answer

Hi @Richard Shepherd, I’d lean toward giving notice now and planning a clean handoff once the tenant vacates. Make sure you have copies of the lease, ledgers, photos, and repair approvals before terminating. Security deposits are your money, not the PM’s, just confirm in writing how it will be handled and document the condition at move-out to avoid surprises.

I'm firing my PM. Is there a best time to do it?

Most Popular Reply