Landlord rights with property management

[Lorraine Martin]

Hey everyone. I have a property management question!! Please help!!

We are landlords and hired a management company. Long story short, we decided we want to manage it ourselves after they started the “advertising for the property.” Management company said they had an applicant that applied and they were in the middle of reviewing the applicant and therefore if they “approve” we have to use them and then they will give us management.

As landlords, we just received lease to sign and there are some addendums we want to add for our property to protect our property etc. if the management company refuses to include some of our requests for the lease, does this give us an out to not have to sign the lease???

are we allowed the right to ask the management company to provide a copy of the qualified tenants driver license? The management company is being very limited in what they tell us. They wouldn’t tell us the business they do. The income doesn’t even cover rent amount. Guarantor is involved. I feel obligated to sign this lease but we are just trying to figure out our rights.

They already collected security deposit. My head hurts from it all. I wish we could have taken over early enough to do the application process ourself etc.

[Nicholas L.]

@Lorraine Martin

don't you have a contract with your PM?  that should spell all of this out...