Whether It's Your First Rental or Your Fifteenth — Here's Exactly How It Works.
No mystery, no "call us to find out." The entire process, start to finish — what you do, what we do, which fees apply, and what you remain responsible for.
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The Short Version
Choose your service. Review the agreement. Plan your handoff.
See Your Exact Price
Choose placement, management for an existing tenant, or both. Review the fees for that service.
Review Your Agreement
Review and sign the agreement for your selected service, then complete the required onboarding steps.
Begin Your Selected Service
For placement, prepare the home for listing and leasing. For Management Only, agree on a handoff for the existing tenancy.
Placement-only owners manage the tenancy after leasing. Ongoing rent collection, repair coordination and owner statements require a management service.
Find a tenant. Choose who manages next.
Can I hire Flat Fee Landlord to find a tenant and manage the home myself?
Yes. Tenant Placement Only includes professional photography, listing, coordinated showings, 10-point screening, and lease preparation and execution. Our role ends at lease execution and payment of the placement fee. You handle move-in, hold the security deposit, collect rent and coordinate repairs afterward.
| Responsibility or fee | Tenant Placement Only | Tenant Placement + Management |
|---|---|---|
| Photos, listing, showings, screening and lease execution | Included | Included |
| One-time launch / activation fee | $500 listing launch fee | $350 listing and activation fee |
| Placement fee | One month’s rent at lease execution | One month’s rent when a tenant is placed |
| Move-in and ongoing tenancy | Owner handles move-in, deposit, rent and repairs | Ongoing management under your selected plan |
| Monthly management fee | None | Selected management rate; other fees depend on plan |
| 21-day application promise | Not included | Available subject to readiness, pricing, access and agreement conditions |
| Replacement-tenant assurance | Not included | Preferred: 9 months; Concierge: 12 months; qualifying events only |
Every home after your first has no activation fee: sign up your next home with the same email or phone and it comes off automatically, no code needed. Placement-only listing engagements run up to 120 days. The launch fee is refundable before photos are taken or the property is listed, whichever occurs first.
Plan your owner handoff before the lease is signed
- Decide how you will collect the deposit and first rent payment.
- Arrange keys, access and a move-in condition record.
- Give the tenant your payment and repair contact instructions.
- Keep the executed lease and an organized rent ledger.
- Confirm which documents can be shared securely; screening reports contain sensitive information.
Already have a tenant?
Management Only is for an existing tenancy. Preferred and Concierge are available; Basic and placement bundle benefits are not included. Bring the current lease, ledger, deposit records and open repair requests for review.
Use the occupied-rental handoff checklist →What Happens When Your Home Needs a Tenant
The placement sequence below depends on property readiness and demand. Already have a tenant? Use the Management Only handoff checklist above.
Getting ready
Plan property readiness and access
Confirm property condition, necessary repairs, access and availability before photography and listing. We review rental comparables and recommend a price; the owner approves the rent.
You do: Confirm readiness, access, target rent and any restrictions with the team.
Listing
Market the rental and coordinate showings
Placement includes professional photography, MLS listing, rental-site syndication and coordinated showings. Timing depends on property readiness, access, pricing and demand.
You do: Keep access available and review any pricing or readiness changes.
Applications
Review applicants with 10-point screening
The Perfect 10ant System™ is our 10-point tenant screening process: identity, income, employment, credit, rental history, previous landlord references, criminal background, sex offender registry, bankruptcy and foreclosure history. Screening supports a placement decision; it does not guarantee future rent payments or eliminate every risk.
You do: Review the recommended applicant with the team and follow applicable screening and fair-housing requirements.
Lease execution
Execute the lease and confirm the handoff
We prepare and execute the lease. Placement-only owners handle move-in, deposits and ongoing management. With Tenant Placement + Management, ongoing services follow your selected management agreement.
You do: For Placement Only, arrange move-in, the deposit and payment instructions after lease execution and payment of the placement fee.
Every month after
Ongoing management, if selected
With ongoing management, we collect rent, coordinate repairs and provide owner statements. Inspections depend on your plan. Placement-only owners handle the ongoing tenancy themselves.
You do: With management, review statements, fund owner-paid expenses and make decisions required by your agreement.

Confirm readiness, photography and access before agreeing on a listing date.
What It Costs
A flat monthly management fee is only one part of the cost. Placement, launch or activation fees and other applicable charges depend on your selected service.
Tenant Placement + Management has a $350 listing and activation fee, a placement fee of one month's rent when a tenant is placed, and the selected management fee. Tenant Placement Only has a $500 listing launch fee plus one month's rent at lease execution, with no ongoing management. Management Only starts with a $500 activation fee and offers Preferred or Concierge; Basic is not available for that service. Every home after your first has no activation fee: sign up your next home with the same email or phone and it comes off automatically, no code needed.
Basic $139/mo, Preferred $179/mo and Concierge $349/mo with annual billing. Monthly billing is $149, $199 and $369/mo respectively.
Repairs carry a 10% maintenance coordination fee in addition to the vendor invoice. Renewals, inspections and other charges depend on your plan. Annual pricing includes a term commitment; review termination terms before signing.
Review the complete fee reference →The Questions That Hold Owners Back
Tenant Placement + Management has a $350 listing and activation fee, a placement fee of one month's rent when a tenant is placed, and the selected management fee. Tenant Placement Only has a $500 listing launch fee plus one month's rent at lease execution, with no ongoing management. Management Only starts with a $500 activation fee and offers Preferred or Concierge; Basic is not available for that service. Every home after your first has no activation fee: sign up your next home with the same email or phone and it comes off automatically, no code needed. Basic $139/mo, Preferred $179/mo and Concierge $349/mo with annual billing. Monthly billing is $149, $199 and $369/mo respectively. Repairs, renewals, inspections and other charges depend on your plan and agreement.
Review Your Options Online, With Help Available
Use the quote builder to compare the service and fees for your property. Read the agreement and confirm your responsibilities before signing. The quote is a starting point for choosing the right service.
Need help deciding? Book a consultation with the team. The chat assistant can explain service options; property-specific arrangements should be confirmed with the team.
Have these details ready
- Property location, condition and expected availability.
- Whether the home needs a tenant or already has one.
- Which responsibilities you want to keep or delegate.
- Current lease and management agreement, if applicable.
Choose Your Rental Property Service.
Step one takes 60 seconds. No commitment — just your exact price.
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