Property Manager St. Cloud, MN

[Lloyd Schroeder]

I’m getting ready to close on a property in a college town in central Minnesota. I’ve bought and managed a lot of properties in various states. I also have property management companies run my properties as well.

Situation

Going to close on a property in Minnesota, and upon looking into the rental licensing for this particular college town Saint Cloud I read some disturbing information which I couldn’t believe was real.

It states in the application that if the owner lives 45 miles from Saint Cloud. Then a property manager / agent must be listed below and live within the 45 miles of Saint Cloud! WTF I SAY! I have never in my life ever heard of this before! I’ve called from 4,000 + miles away and dealt with a problem by calling a plumber and getting it done right away! Why 45 miles? If there is an emergency I am sure 911 would be called right?

It goes on to say the property manager / agent below is authorized to order repairs and/or service to the building.

I live approximately 75 miles and it would take me roughly 1:15-20 to get to the property.

Adding to the pain....

It also says *** New Applicants must complete Rental Property Training within 6 months of application. I called the lady and explained I have well over 12 years experience- she says I still need to go through this training.

Thoughts

If I was to hire (I would be willing to pay a small fee to have the “Boots on he ground” if I needed to have someone order a plumber, or whatever came up I would. If you know someone in the Saint Cloud, MN area as a licensee

Sorry - Venting my frustrations!

Lloyd~~~~~