Home for rent
Typically, a management company deals directly with prospects and tenants, saving owners time and worry over marketing rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints and even pursuing evictions.
A management company will advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant into the property and collect rental income. The management company will then coordinate any maintenance issues and supply the owner with financial statements and any relevant information regarding the property.