I forget what it is for him to find the tenant, do a background check, and have them sign the lease. I think it was a couple hundred which he takes out of the first months rent. After that he gets 10% of each months rent. Most months he collects rent, takes out his percent, and cuts me a check. But he does walk through of the properties, handles evictions and handles all the problems. Last summer one of my tenants had their AC go out on them. He got a guy out there right away to figure out what the problem was. When I got the call it was to inform me of the issue and to ok for the guy to fix it.