When hiring a property manager or company, first make sure the company and workers have any licenses or certifications required by your state. If your property requires specialized experience, such as with Section 8 housing, make sure your manager is familiar with appropriate regulations. Beyond these, check for a solid reputation: Low vacancy rates in buildings managed by the company, strong policies, and great customer service are "must haves." Finally, make sure the contract you sign is transparent and that you understand all parts of the agreement.