Is “Landlord” a new title for you? If so, do you feel comfortable with having all of the responsibilities that go along with that title? In addition to everything that goes in to finding Tenants and maintaining a property, in the early stages, you will also need to draft a Lease Agreement that you are comfortable with and get to know Landlord-Tenant Laws. For first-time Landlords, a Property Manager can be extremely valuable, for those reasons alone.
If you are not a first-time Landlord, but recently have acquired additional investment properties, do you consider yourself experienced enough to juggle the multiple responsibilities that go along with each rental? An experienced Property Manager, whose primary profession is maintaining your properties, may be the answer for you.