Quote from @Regina Bailey: Are you looking for the "lease agreement" or the "application"?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

He no longer has rights to the property (they divorced and he lost it before we came in the picture) but asked if we were interested in using his services for property management.

Also on my days off I own and operate a property management/handyman service.

And if so, what is the cost and prospect for collecting something, certainly not all, but something.My thinking is that if it shows up on their credit, it may hamper employment, car purchases, rental applications, education funding, etc and at some point they would need to pay me to go forward with some major life steps over the next 10 years.

That could be something else to consider He did pay the application fee and his credit is 791 with no late payments on record and no criminal background which is good.

I, too, am at a crossroads, deciding whether to self-manage my first property or enlist the services of a property management firm.

I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property renovation project.After filling out a form and providing my ID and bank statement, they promised a $41600 mortgage within one day, but required a 3% service fee.

A no income no doc DSCR (debt service coverage ratio) would be a great option for you .

After speaking with my family, they mentioned to look in property management service rather than going through a real estate agent.