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Typically, the property owner is responsible for covering the costs of maintenance and repairs. Property managers handle the coordination and execution of these services and may track and report on related expenses.

Property managers handle rent collection by setting up and managing payment systems, collecting monthly rent from tenants, addressing late payments, and enforcing lease terms related to payment. They also provide financial reports to property owners.

Property managers find tenants by advertising the property through various channels, such as rental websites, social media, and local listings. They screen potential tenants by conducting background checks, credit reports, employment verification, and reviewing rental history to ensure they are reliable and financially stable.

The primary role of a property manager is to oversee the daily operations of a rental property on behalf of the owner. This includes managing tenants, handling maintenance, collecting rent, and ensuring the property is in good condition and compliant with relevant laws.