Property Management Proposal Jax, FL

[Titus Hill]

I am about to close on my 5th unit in Jacksonville, FL and I am looking to put property management in place. I just have too much going on with work and church to deal with tenants and toilets directly. One company gave me these terms:

Fees:

10% of rents

Maintenance at cost as needed. No mark ups. There is a team of maintenance professionals that work with the company (but not exclusively) and all fees are passed to me at cost.

1st Months Rent when a unit is filled.

Other info:

Main manager has 20+ years of experience. He was recommended by and works with my Realtor. My realtor and I have done multiple deals together and I am looking to do more. She is a Rockstar.

I am pretty comfortable with this arrangement, but I have always managed my own properties, so I want to get your thoughts on the arrangement and fees associated with it.

Thanks in advance for the insight BP Fam.