Property Management Pricing Structure

[Nicholas Hill]

I've done the self managing long enough, and I'm looking to pass on my properties to a property manager. Interviewed a few and no one really stood out quality wise, but price wise Knox is definitely below others and I like the flat rate pricing structure. 

The companies that charge per new tenant worry me a little as they get paid more for turnover, and landlords know, multi-year long term tenants are what really helps out a lot, and I don't like the idea of myself and the property manager potentially having different goals over this. Is this a needless worry?

I've seen PropertyCare pop up in my searches, any other suggestions, and what is everyone paying for property management? Seems like the 8-10% suggested in some of the BP media might be a little bit of a dream world here in Houston. 

Thanks,

-Nick