The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Most any platform with fast payments will charge either you or the tenant extra each month.

They applied for an additional three months of extra rent and we just received approval for that.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Make sure that you're being extra conservative in your estimates and the money still works.

I assume even though the problem on our side was taken care of, the other sides owner is deceased and has been a roach party of free food and open fornication. 1.

Extra $$$ for heating (even if your not working on the house you want to keep it about 55 inside).

Make those extra few calls until you find someone who can do it in your timeframe.

Be EXTRA conservative with your numbers.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.