Locating and Placement of Tenants

Advertise in MLS

Notify local real estate offices of available rentals

Take all interested prospects to properties

Advertising on the Internet

Verify income with employers

Verify rental pay record with previous landlord

Check condition of prospect's current residence

See if prospective tenant has ever been evicted

Check credit history

Collect all rent when due

Pay for repairs out of monthly rents

Disburse remaining funds to owner

Spend monthly-itemized statements of income and expenses

Inspect interior of property twice a year

Inspect exterior of property on a regular basis

Make all necessary repairs to maintain your property value

Make sure local ordinances are being obeyed

Make sure association guidelines are being followed

Notify owner of normal maintenence items