Question about Property Management in Ohio

[Donnie Tucker]

I have a question if you guys don't mind. My buddy just invested in Akron Ohio long distance from NY. I'm considering doing the same. But he said the prop. management he looked into out there takes a percentage of profits from everything, including repairs. If that's true then what's the incentive to keep the investor's costs low? Is that the norm with prop. management out there? Are there companies that don't benefit from your normal expenses? Any input is greatly appreciated. Thanks in advance