I'm not sure if your state distinguishes between how you charge for this, whether it has to be a flat fee or if you're able to charge a percentage of the rent.I know a lot of MTR co-hosts in different states who do exactly what you're considering with no problem.I'm in California, but we do property management with a broker, so it's a little different.

-How much do local property management companies usually charge, and do you have any you’d recommend?

We were very clear that we were looking for strategies and why and it all sounded good in the initial interview.

My Concern This feels like a developing behavioral pattern: Failure to meet initial financial obligation (security deposit)Repeated late rentNon-payment of late feesVerbal assurances without performance From a risk management standpoint, this seems like: Cash flow instabilityHigh likelihood of future delinquencyPotential prolonged eviction exposure if allowed to continue Options I’m Considering Serve a final Notice to Cure / Demand for Payment requiring:Full security depositAll unpaid rentAll late fees…with a strict deadline before filing dispossessory. 

As of Jan. 2026, they charge $997 setup fee and $67/month to use their software.

Had I trusted Transunion's service without doing my own legwork I would be approving a potential tenant with a concerning criminal charge. 

The initial discount point is spot on; without reviews, price is the differentiator.

I've used it for quick initial screening - saves time vs manually pulling comps on every lead.

Later on, the idea is to build a larger home on the property and rent out the smaller one.The property is also set up pretty well for a unique stay / glamping style STR, so that’s something I’m considering down the road too.After construction of the ADU, the comps show a pretty solid ARV, so the investment side is mainly equity initially, But I have options for cash flow if needed.

Initial experience was positive.2023–mid 2025: Mostly smooth operations with one tenant turnover.July 2025: Tenant broke lease.