Southwestern Management And Realty Team

[TRUE STORY] The Real Reason Why Hiring a Property Management Company is Worth It

Many newbie real estate investors will take the reigns, thinking there will be very little effort required to manage their properties. And, truthfully, some rental businesses can run on autopilot. 

But in most cases, landlording should be left up to the professionals — the property management professionals.

Case in point: A firsthand (nightmare) account from rental property owner, Sterling White. In his in-depth article for BiggerPockets, “Why Managing Your Own Properties is (Almost) Always a Huge Mistake”, White details the blood, sweat, and tears he endured while managing his own properties.

Time is Money — and You’ll Have Neither

Managing a property solo is an absolute time drain. You, and you alone will be chasing rent, interviewing and screening tenants, taking care of maintenance issues, among a host of other things.

Sterling writes that all the time he spent on management could have been better spent on investing in new properties. So while he thought he was saving money managing the property himself, he was losing time and potential income.

You’re Always On-Call — ALWAYS

Just like a med student, a solo landlord is always on-call 24-7.

When the air conditioner breaks…

When the faucet leaks…

When tenants run off without paying their rent…

You, and only you, must solve these problems — even at 11 pm on a Friday night.

Every little problem with the property is always the landlord’s responsibility. There is no holiday or designated “break time” for you, as you never know when a problem will suddenly occur.

Save Yourself a Headache

“If you want to take on life as a landlord, you will have to brace yourself for some tough times ahead. You have surely heard stories about terrible tenants who completely destroy your home or run off without paying, getting evicted and so forth, but the truth of the matter is, even good tenants can be a real handful,” writes White.

Remember, owning a rental property is business — so you have to treat it that way. If you don’t have the time or patience to deal with difficult or deadbeat tenants, then let the property management company handle it. It will take a huge load off your mind (literally).

las vegas property management

SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.


  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs


MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.