Out of town landlord, Use a property manager or not?

[Danny Szczotka]

Hi All,

This may seem like a strange question but at the moment I am a renter not an investor so maybe it will make sense.

I'm likely to rent a property from an out of town landlord. He offered to forgo a property management company if we can work out an arrangement and he would reduce the rent by about 10% (whatever the property managers rate would be). Is this a good idea? What pitfalls should I or my future landlord be aware of with this kind of arrangement?

Thanks,

Danny