aparment manager

[lrning]

I have six units and would like to have one of the tenant to manage the units.
Just do maintenance, yard clean and represent me.
What kind of paperwork do I need between the property manager and me?

Has Anybody doing similar thing like this?

[Debbie]

That is called "property manager".

Pay the property manager. Your tenant still pays the regular rent. Same person, yes. But keep it separate.

Last week, at the local landlord meeting---it was said that there's new law effective January 2008 that maintenance people must be licensed. Something to do with IRS. A lot of subjects came up and I've been meaning to check into this new federal law. Therefore, you will need to check into it as well before you assign a tenant as a property manager.

[F3Nelson]

Why not just hire a lawn company? I owned one several years ago, got out to change careers, and want to get back in. You are the kinda person I am looking for. IMO a decicated company would probably give you a more reliable result than a tenant.

[lrning]

Tim,
Thank you for your advice.
I feel better with your assessment about having a property manager is a good thing.