Questions on management companies for first property

[Wihan VanWyk]

Hi Everyone,

So I recently acquired my first buy and hold property (2 bedroom apartment). Since I am currently residing far away from where I bought the property (My home city), I need to find a decent management company that can look after it for me and manage the tenants and day to day.

I already have a company in mind, so I suppose the question here is what should I be keeping an eye out for.

I think they want about 10% of the rent for their monthly payment, which I understand is quite standard.

Is there anything else I should keep an eye out for, maybe in the contract etc?

Any help or advice is appreciated.