• Tenant Prescreening

• Lease Agreements

• Marketing vacant units to rent

• Marketing vacant units

• Screening and choosing tenant applicants

• Pay rents

• Pay bills

• Prepare audit reports

• Handle maintenance issues & emergencies

• Interface with tenants

• Respond to owners

• Managing service people who maintain the property

• Detailed documentation of the property's

   interior and exterior including photos

• Make recommendations on repairs and        

   cosmetic improvements to maximize monthly rent and provide a good ROI.

• Analyze local rental data to determine    

   optimal rental rates.

• Discuss the pros and cons of different       

    policies with owners such as accepting pets allowing smoking, etc.

• Install a lockbox

• Prepare home for rent

• Clean home and optimize interior appeal

• Manicure landscaping to increase curb appeal

• Create ads to market property. Some of the mediums commonly used are:

-Paid and free rental listing websites

-Print publications

-Signs

-MLS

-Fliers

• Network local realtors and leasing agents to find a tenant

• Field calls from prospects for questions and viewings

• Meet prospective tenants for showings

• Provide prospective tenants with legally compliant rental application

• Tenant Screening and selection

• Run a background check to verify identity, income, credit history, rental history, etc.

• Grade tenant according to pre-defined tenant criteria

• Inform unqualified tenants

• Provide leasing agreement

• Confirm move-in date with tenant

• Review lease guidelines with tenant

• Ensure agreements have been properly executed

• Perform a detailed move-in inspection and require tenant sign a report verifying the property condition prior to move-in.

• Collect first months rent and security deposit

• Track late payments

• Send pay or quit notices

• Enforce late payment fees

• Track late payments

• Send pay or quit notices

• Enforce late payment fees

• File paperwork to initiate and complete an unlawful detainer action

• Represent owner in court

• Coordinate with law enforcement to remove tenant and tenants possessions from unit

• Notify owner in the event of a legal dispute or litigation
• Refer owner to a qualified attorney when required
• Stay up-to-date on local, state, and federal legislation on renting and maintaining rental properties

Periodic Property Inspections

• Perform periodic property inspections
• Inspect inside and outside of the property for repair needs, safety hazards, code violations, lease violations, etc.
• Send periodic owner reports on the condition of the property

• Provide accounting property management services
• Detailed documentation of expenses via invoices and receipts
• Maintain historical records (paid invoices, leases, inspection reports, warranties, etc.)
• Annual reporting, structured for tax purposes as well as required tax documents, including a 1099 form
• Provide easy to read itemized monthly cash-flow statements

• Oversee maintenance performed by maintenance crews
• Establish preventative maintenance policy to identify and deal with repair needs
• Source a network of licensed, bonded, and fully insured contractors vetted for reasonable pricing and good work that is up to code
• Maintain outdoor areas
• Landscaping
• Removing trash and debris
• Maintain and monitor a 24-hour emergency repair hot-line
• Manage extensive renovation or rehab projects
•  Provide recommendations projects that can maximize rental income
• Prepare preliminary cost estimates
• Get multiple independent bids for work
• Act as general contractor overseeing work

• Inspect unit and fill out a report on the property's condition when the tenant moves out
• Provide tenant with the inspection report and estimated damages
• Return balance of the security deposit to the tenant
• Clean unit and perform repairs or upgrades
• Re-key locks
• List property for rent