They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

However, anything that impacts functionality like plumbing, HVAC, or safety issues should be handled before listing to avoid turning off potential renters/buyers.If you’re re planning to lease it, tenants will expect everything to be move-in ready before signing.

Property management is remote so far, however I only need assistance with handing over Keys to tenants, handling repair requests and doing walk throughs at the end of the lease. 

If there’s a repair needed usually they’ll just handle it if it’s under a certain financial threshold o ran emergency.

For bookkeeping it depends on your portfolio.A portfolio of 1-3 SFR's can likely be a DIY project.For 4+ you may want to consider outsourcing.For tax prep, you'll likely want to have a pro handle it regardless of the portfolio size.

They offer great advice on handling these situations, including tips on dealing with the sheriff and eviction procedure, as well as navigating money judgment collection.In terms of whether you should hire a lawyer or manage it yourself, it depends on the complexity of your specific case and your comfort level with the process.

Quote from @Drew Clayton: I need advice on how to handle the transition my long-term rentals to a new property manager when my current one won't return calls, emails, or texts. 

Since you won’t be managing this yourself, clarify upfront if the GC’s fee includes coordinating subcontractors, pulling permits (if needed), and handling inspections. 2.

How are other Buildium users out there handling this?  

But the very thing that gives us success at first—handling everything ourselves—can also hold us back from scaling and growing our business.How Trust Works in Real Estate InvestingLetting go isn’t just about delegation—it’s about choosing to trust rather than operating from fear.🔹 Afraid to let a property manager take over?