PROPERTY MANAGEMENT CHECKLIST
ITEM TO REVIEW / CONFIRM
COMMENTS
Develop Marketing Plan
Consider print advertising: publications, banners, "FOR RENT" signs, etc.
Consider web outlets for rental listings
Consider Social Media presence
Ensure that all photographs are well lit and appealing
Establish high and low rental rates
Set open-house date(s), if applicable
Create a document with rental standards
Develop a short script for phone screenings of prospective tenants
Develop a rental application
Collect a $30-45 fee to cover processing costs
Complete credit, criminal, and background checks
Contact previous landlords, employers, references
Accept tenants based on set rental standards
Contact accepted tenants to schedule lease signing meeting
Set move in date
Develop guidelines and processes for tenant communication
Document all communication
Develop protocol and fees for replacement keys, lock outs, etc.
Establish Work Order procedure for tenant complaints
Establish Work Order procedure for tenant requested repairs
Develop move out guidelines and procedures
Complete a thorough walkthrough of property
Assess any wear and tear as "normal" or something requiring a fee
Return security deposit less any fees incurred within 30 days
Complete a "refresh" of the property with thorough cleaning
Provide any property improving updates and repairs prior to relisting
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