If they own nothing then probably makes no sense to even spend money on attorney Check your state, but in most states it does not matter whose tree it is, it is up to you and your insurance to handle it.

The owner asked me If I would handle it.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

You need to maintain a reserve to handle unexpected costs in the first year.How much should you maintain in the reserve? 

Once you have your shortlist, I recommend hiring a professional title company to handle the detailed due diligence.What’s in the Guide?

It might help to connect with local property managers who handle STRs to get a sense of what types of properties perform best. 

Getting a tax pro’s help can ensure you don’t miss out on potential savings.Be Prepared for Landlord Life: Living close to your tenants means it’s easy to handle minor repairs and keep an eye on things, but it also means boundaries can blur.

- Do you handle evictions and the legal aspects involved?

Consider hiring a pro that can handle this for you.