Hold a cash reserve account in property manager's escrow?

[Sandy Blanton]

Property Managers. In my area all of the larger PM's require the landlord to place a month's rent in a reserve account to cover repairs/etc. I'm the only one not doing it. However I'm thinking about starting such as we've been stuck with a couple of repair invoices of late. Not requiring this has been one of the benefits of hiring us, so I'm torn.

Do you hold such?

Thanks for sharing. Tiger M.