36 Units: Property Management Incentive

[Kyle Gatesy]

I will closing on my first multifamily property in a few weeks and we are narrowing down our property management options. My preferred candidate met us at a 9% price point and I'm comfortable with that. However, I am looking for ways to structure an agreement with my property management to incentive them to 1) do a great job of maintaining the property and 2) max out the rent potential. Does anyone have some wisdom on how to do that? What kind of terms could be used to incentivize my property managers?

Thanks,

Kyle G