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What is a typical fee charged by professional property managers on the monthly rent?

Inadequate tenant screening often leads to problematic tenants and is a common issue in DIY property management.

Arrange the following responsibilities of a property manager as mentioned in the section in the order they are listed.

Discuss some advantages and disadvantages of managing a property yourself versus hiring a professional property manager as outlined in the section.

Define the pros and cons of managing a property yourself versus hiring a professional property manager.