How to hire and manage a prop manager (extended stays+leases)?

[Sylva Menard]

How do *you* go about hiring a decent manager? Where would you look for someone?

I imagine having to train someone up who wants to do this themselves... high level of quality control required. We've been self-managing for a decade and the time has come to pass the day to day management on to someone else. We're still next door, but focusing on other business growth.

We have 12 units, a combo long-term leases and extended stays in one complex of two buildings, so it's more high-touch than general property management. The manager could do the cleaning flips and some maintenance themselves, or they could coordinate and delegate these responsibilities.

Considering a base plus commission based on reviews and occupancy rates for an incentive - probably cap at $40-50k annually for a part-time position. Hours required are probably about 10 a week but varies.

Thoughts? Who has done this successfully? What common mistakes should we avoid?

Thanks in advance,

S