Another popular option is Avail, which provides tenant screening along with other property management features.As for common mistakes, one big one is not having a clear set of criteria before starting.

A couple of years ago there was an excellent long article on BP about all the things to look for and ask when interviewing property managers. 

It’s true that many property management companies are now incorporating tenant benefit packages as part of their offerings.

Umbrella insurance provides substantial liability protection at a lower cost and avoids the administrative complexities of managing an LLC.

With a loan, a person takes on a Debt Obligation. 

After 30+ years of property management, I'd say get used to it sucks. 

Single-family management companies are seeing interest from buyers.

We manage over 85 listings. 

James and his people who manage the program are nice and give basic sales and negotiation advice but not much that moves the needle in any situation.

Even with a property manager taking a percentage, you’d still see a return, and it might save you a lot of stress managing the property from out of state.