And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money. Sourced from: http://www.nolo.com/legal-encyclopedia/landlord-hire-property-management-company-29885.html
A landlord should also note that the tenants come first no matter what. This means that they should go for a property management company that clearly understands its duties and not one that will harass the tenants.
If you promise to send someone over to take care of a maintenance issue, follow through! Failing to take care of repairs promptly and predictably will absolutely drive great renters to seek other housing opportunities. Sourced from: http://www.bell-anderson.net/_blog/Property_Management_Blog/post/6-things-good-tenants-hate/
These operating procedures should include preventive maintenance programs, a full audit of all contracts and vendors, a transparent financial system and budget, and solutions that enhance the value of your property, as well as the lifestyle of all the residents in it. Sourced from: https://www.fsresidential.com/corporate/news-and-events/articles/12-qualities-that-make-a-great-property-management