.- That management company has vetted possible tenants through their professional screening process and have selected the most qualified tenant for the property.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.

If you understand how to screen very well, communicate with them respectfully and can somehow understand the dynamics of the community, you will be ok.

Hello everyone, what should I look for When I inspect/ tour a condo for the first time? ( Regarding interior, and not HOA, management, location)Anyone has experience renting for snowbirds? I was told that a ground-flo...

I used it to list my properties, screen tenants, manage payments, send notifications, manage maintenance.

They can find and screen good tenants, so you don’t have to worry about them not paying rent or taking care of the property. 

That said you can greatly alleviate that with good screening, and the higher price point that these types of units can demand should help filter out the deadbeats.

We feel this encourages/trains good payment behavior:)We have several MoveIn Specials owners can approve like, free TV, Washer or Dryer (used), etc.Our main goal with MoveIn Specials is to stand out from our competition. - Just lowering the rent really doesn't do that.

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

You the investor and owner of the properties will care about your investment the most, not the agent, not the contractor, not the property manager (they can screen tenants but they still get paid but the repair costs are being deducted out of your rental income and more costs if you need to evict a tenant).I've heard great things about upstate NY and would consider looking in that area or within a 2 hour drive of where you live (not sure if you're near NYC).

It's great for a landlord if the tenant is properly screened.