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Updated almost 2 years ago,
Out of State Property Management using a property management company
When you're investing in a different market and you have a management company handling the property, how do you management paperwork? From the books I've read, the advice is to keep paperwork from tenants and applicants for years after in case of lawsuits. If you have a property manager, do they send you paperwork from applicants or do they have a responsibility to choose tenants and handle all aspects of building management? For context about me, this is my first post and I am just now getting into real estate investing. I haven't purchased any homes or buildings yet.