Structuring Property MGT Contracts & CMHA Section 8

[Jared Smith]

After self-managing for +6 yrs. I have officially hired my dad who loves it (believe it or not)! In the Cleveland Market, I am having other investors/friends/colleagues reach out on property management. Outside of the standard 10% monthly rate and 1 month's rent for landing a showing, what are some good ways to structure a property mgt contract? such as hourly rates or flat rates for management, projects as well for overseeing contractors?

Also, do you recommend accepting CMHA - Section 8 Housing?

Please and thanks!

Jared