Property Manager Required AZ?

[George Henry]

My sister who is a real estate agent in Arizona told me that I need to have a property manager by law if I own more than one property in Arizona. I don’t quite believe her since I’ve read other people haven’t needed one and they do it themselves, but I wanted confirmation if this is right or not. Maybe she just wants to make money off being my property manager in the future. Question: Do you need to have a property manager by law if you own rental homes in Arizona?

[Doug McVinua]

@George Henry In Arizona an owner can self-manage hundreds of properties if you desire. Non-owner management becomes much more limited. A few other caveats: 

As mentioned by @Patti Robertson if you live out of state you must have an Arizona-based statutory agent. (Someone to receive notices on your behalf)

Residential income properties need a Transaction Privilege license in most locations (Rental Tax)

Property Management is a specialty in the industry and it's very possible your sister has her license with a broker that doesn't allow her to do property management? If this is the case the items your sister can help you with at your rental would be very limited without bridging the gap to doing Property Management in Arizona and potentially getting sideways with her broker or the Department of Real Estate.

Happy to answer any further questions.