How Are Tenant Funds Handeled?

[Dylan Tanner]

A good client of mine asked me to manage his small commercial retail strip. I haven't had a property to manage like this before so my main question is how is the rental income handled? Does the tenant pay my company and we set up a separate bank account for him? Or do we set up another account at our bank under his name and he gives us the right to use the account to manage the property?

Any insight would be appreciated, thanks!