Champaign/Urbana Illinois property management

[Bryan Stocklas]

Hi everyone I am in the process of closing on my first out of state investment property in Urbana Illinois. As I am getting closer to closing I’m getting more worried about how I’m going to be able to manage the property from out of state. I’m curious if anyone in the area has any experience with some of the property managers in the area that will take on new investors that only have one property. Also I know that Urbana is stricter with landlord tenant laws and was wondering how others have dealt with this. 
Thanks everyone 

[Drew Sygit]

We don’t know anyone in the area, but you might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant:

https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

Additionally, don't treat property management like a commodity and just focus on the lowest price!

Remember, you always get what you pay for in the end...