Q&A How to vet out of state property managers?

[Jason Powell]

What questions should I ask, and what answers should I expect from out of state property managers?

[Michael Heisterkamp]

It is critical to talk to their other clients, if they are happy to connect you things usually are in order.  If they are cagey or refuse to connect you I would take that as a sign to avoid.  If they are new to the game then dig deeper into their property management background and see if it passes the smell test.

As for questions, the basic business stuff like insurance, are they properly licensed, have a company formed properly, their rates, the timeline to do repairs, their experience with collecting rent from tenants like yours, etc.