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Obtain prospects and handle all showing and negotiation.
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Check references and obtain a credit report on prospective tenants.
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Execute a RENTAL or LEASE agreement with each tenant.
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Provide tenant with legally required LEAD BASED PAINT HEALTH HAZARD notices.
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Make sure all locks conform to SECURITY DEVICE LAWS.
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Make sure FIRE DETECTION EQUIPMENT conforms to current laws.
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Handle all repairs using experienced, qualified, reliable contractors.
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Take care of collections, delinquencies, and if necessary, evictions.
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Send monthly statements of income and expenses.
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Inspect property upon vacancy and notify tenant of disposition of security deposit in accordance with security deposit laws.
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Pay expenses and send you a net check.
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Issue year-end income and expense breakdown and 1099 form for income tax purposes.
