Setting up your first property

[Juliette Olsen]

Hi! 
Novice “future” landlords here—

Where did y’all start with getting your lease and even a property manager? 

Did you find a generic lease for State of Florida online? 
Did you hire an attorney to help script a lease?

Did you hire a management company?

If you hired a management company, what was your monthly cost and what did it include? Did they write a lease for you? Did they have their own handyman contractors or was that something you had to have on your own? 

How specific can you get in your lease when it comes to tenants responsibility for repairs of things to the house related to negligence, ie flushing sanitary products down toilets, appliances, hoa fines related to negligence of caring for the yard or following hoa rules etc? 

we’d be managing out of state and I’m not sure I’d be okay with doing that without a local property manager…

with gratitude,

Juliette

[Juliette Olsen]

Christian—

Thank you so much for the reply! This is great insight— and yes, about the benchmark we were expecting as far as costs for a PM. 
I think we’ll likely move that direction as tenant vetting, listing, showing property is going to be a challenge living out of state. 

Regards,

Juliette