This way, we have the ability to back it up in court should the need arise. 

Owning a business is always going to be stressful for many reasons but the stress should always be temporary when issues arise not due to anticipation of issues.

The biggest tenant issues arise when you overlook a red flag. 

We trust him to provide good service, and we empower him to take action in an emergency.He is our trusted set of eyes on the ground if an issue arises, inspecting any problems reported by tenants and making recommendations for repair.He will complete any work required, including coordinating and overseeing skilled trades, at a predetermined rate.We pay the handyman a $200 per month retainer.He is paid this money whether or not he has to lift a finger.In exchange for this money, he is willing to be on-call for our tenants in an emergency and take appropriate action to mitigate the issues.In non-emergencies, as directed by me, he will inspect issues reported and make recommendations.If he has to complete any work or coordinate a skilled trade, we pay him $30 per hour for his time plus materials at cost.We also pay for any skilled trades (i.e.

As many have said already, a % of monthly rent, plus turnover expenses, plus an upcharge every time a maintenance issue arises...

All damage/stains/odors would be the responsibility of the tenant to correct/remediate/repair. 5.Damages / remediation efforts arising from pets in the home would come from the original deposit and not the Annual Pet Fee or the additional monthly charge. 

I would say the larger potential costs regarding phone numbers arise if the tenants cannot contact you in case of emergency.

This could help weed out any of the unscrupulous folks who could easily disappear into the woodwork if a problem arises.

However, if your damages (which may arise from counterclaims filed against the landlord) are less than the amount owed to the landlord (e.g. back rent), you have seven days to avoid eviction by paying the balance, with interest, and court costs (M.G.L. c. 239, § 8A)."

The case manager helps tenants to succeed in fulfilling their obligations and also helps landlords by addressing issues with the tenant if the need arises.