In Texas, as a licensed agent, you’re generally required to use TREC-approved forms for real estate transactions unless an exception applies, like (I believe) leases longer than 1 year or where no TREC form exists.

My lease says they are responsible for lockout costs.

We try to have all of our leases end in March-June so it is easier to lease the property in the spring/summer.

And what I mean is the business is not profitable until you add at lease 100 doors.  

Start by formalizing the transition—create a lease agreement and maintain detailed records of rental income and expenses.

(I actually laughed when I first learned this.)10% property management fee (With separate charges for new leases, repair management, and rent collection—what exactly does this cover?)

I usually assume it will take 60-days to lease up.

I personally do three types of lease options.

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

Leases in place: 2 apt Leases will expire in 2026.