AThe law is black and white on this issue, Paper I mean.It’s called a move in/ move out form. Every party that signs a contract for the purpose of rental on real property, will have a move in / move out inspection form provided by the property manager/ landloard. This form is to be given to the tenant. The walk through is to be done by both tenant and manager, all damage to the entire property is to be listed, then signed by both parties. A copy is to be kept by both parties.Note: this is to protect the tenant from paying for exsisting damage to the property at the time of move out.The broken sprinkler for the grass should have be listed as broken on the move in/ move out sheet. If the lease stated that the sprinkler was broken and the tenant was to hand water the grass to keep it green then the tenant is liable to pay for the damage to the grass. Remember either party could pay for lawn care service.At the time of move out, the process is done again. Any damages not listed on the move in/move out form are the liabilites of the tenant. Since the new damages were not there at the time the tenant moved in, the tenant is liable for the repairs.This protects both the tenant and the landlord.If, no form was EVER SIGNED, and the matter goes to court. The judge will find the property manger at fault and the liability falls to the manager, for not following the law. If the repair falls under a life matter I.E. broken plumbing, leaky roof, or broken heater. The judge will order the repairs be done under violation of the court. The judge can even make the property managment pay for the tenants motel bills until the repairs are complete.Follow the laws, and you with get the best results possible. The judge can make the contract null and void.

AYou first need to send written demand to make the necessary changes to the property to make it habitable and you need to give reasonable time to make those repairs. If the repairs are not made in a reasonable time, you write another letter saying that due to the landlords failure to provide legally habitable accomodations, the landlord has broken the rental contract and you intend to move on such and such a date and that you demand your deposit money back. In some cases you can even sue the landlord for your moving expenses.

ATen percent is fairly standard for a property manager. Be sure you are allowed to sublet your apartment.

Athere is a "property management course" that is requiredand it discusses liabilitybasically the owner of the building is responsible for repairs.there is a contract drawn up with the owner of the property and the "property management company" the owner hires..which includes yard maintence , costs, repairs, updates, etc.the tenant in the building if not getting help from the management company hired has usually a "tenant/rental board" (similar to small claims court) it is like an arbitration/ court setting and a mediation is started....in the "mediation meeting" violations of the tenancy agreement can be discussed... the "protocol" the owner wants followed on skipped tenants from leases is discussed with the management and owner and that is the protocol set.....if you skip and lose your deposit and have a mark put on your credit rating that was what the owner told the management company to do...for you to have that taken off as a tenant you have to go to the mediation meeting..a property managers pay is signed by contract...so..can be free rent and cash..or a percentage of the gross rent..etc..and a contract is signed..

AYep, is this your first time renting? This is in no way uncommon.

AI have several properties that are located out of state and have property managers, manage my properties for me. I will list both the Pros and Cons for having one.Pros - Handle issues that are typically associated with rentals (such as lockouts, appliance break downs, leases and rental rates). They can also check on your property when there is a severe storm. Most will take care of basic maintance items, change the furnace filters, smoke detector batteries. You have the peace of mind knowing that someone is there looking after your place, in your absence. Cons-You have to pay them - typically a percentage of the rental rate (15% or more, shop around - the rates can vary depending on the area your property is in. If you are in a tourist area there will be a lot of options). Don't be afraid to ask questions when you meet with them, and make sure you have it in writing as to what they will do. Also, ask for refferals and make sure that they are licensed /certified in the state to be a property manager. You will also want to look into getting an H06 insurance policy to protect yourself and your investment.Good Luck!

AThere's no training class for manager but experience. You need to work on the field and in lower jobs to get involved with the business.

ALook for someone with experience with several properties they manage. at least 20-30. I would google rentals in your area and see who's website you end up on also. Since the market has softened many realtors are calling themselves property managers because the rental market is more stable. Interview them and get references, experience and ask for a marketing plan of how they will rent your home and a collection plan for collecting rent. You will be fine.

AHave you thought about going to a shopping center, finding who manages it, and interviewing them for your paper. Real Estate Brokers (Century 21 comes to mind) sometimes manage commercial property such as this, and they probably have a ton of useful info at your disposal. Good Luck...

AYou need to be good at multi-tasking. You need to make sure you are always looking ahead and pracite prevention. You need to be a good listner because you have a pivital position and have to make several people happy...such as owners, residents, employees, the management company, and vendors. You have to have a unique quality of selling and resident retention and the agressiveness to collect rents and keep money coming in. You have to be good at a little of everything and work smart.