Two people reviewing a rental agreement at a desk, representing full-service vs. lease-only property management options.

Full-Service vs. Lease-Only: Which Property Management Plan Fits You?

At Turnkey Property Management, we offer two options tailored to different needs: full-service management and lease-only assistance. Each approach is designed to support your investment, but your choice depends on how hands-on you want to be.

A rental property can be one of the most effective ways to build long-term wealth, but it comes with its fair share of responsibility. From finding the right tenants to handling repairs and rent collection, managing a property takes time, knowledge, and patience. That’s why many property owners turn to professional property management companies for support. However, not every owner needs the same level of involvement.

Understanding Full-Service Property Management

Full-service management is ideal for owners who want a hands-off experience. With this option, Turnkey handles every aspect of managing your property—from listing the rental and screening tenants to coordinating maintenance, responding to emergencies, and providing monthly accounting. We represent you in every interaction with your tenants and protect your investment with proactive oversight.

This level of service is often the best fit for owners who live out of town, have multiple properties, or simply want a professional team to take care of the day-to-day operations. By allowing Turnkey to manage the full scope of responsibilities, you gain peace of mind while ensuring your property remains well-maintained, compliant, and profitable.

When Lease-Only Management Makes Sense

For property owners who prefer to stay involved but want help securing the right tenant, lease-only assistance provides a more streamlined option. Turnkey handles all the initial steps—marketing the rental, showing the property, screening applicants, and preparing the lease. Once the tenant has signed, ongoing management duties are turned over to you.

This approach works well for landlords comfortable with maintenance, rent collection, and tenant relations but want professional support during the leasing phase. It’s a one-time service, designed to give you a strong foundation without long-term commitments.

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How to Choose the Right Approach

The decision between full-service and lease-only management depends mainly on your personality, comfort level, and long-term goals. Full-service management is likely the better fit if you manage multiple units, live outside the area, or simply don’t have time to respond to late-night maintenance requests.

On the other hand, if you’re local, enjoy working directly with tenants, and want to maintain full control over your rental’s operations, lease-only assistance may offer the right balance of support and independence.

In either case, you benefit from Turnkey’s expertise in the North Carolina rental market, our dedication to tenant quality, and our commitment to keeping your property positioned for long-term success.

Why Turnkey Offers Both

At Turnkey Property Management, good service starts with flexibility. That’s why we’ve structured our offerings to meet owners wherever they are in their investment journey. Whether you want full-service oversight or need help placing a reliable tenant, we make the process simple, honest, and effective. There are no setup fees, and our pricing is always transparent, so you can focus on your goals while we handle the logistics.

If you’re not sure which path is best for your situation, we’re happy to discuss it with you. Our team will explain the pros and cons of each option based on your property, your availability, and your long-term plans.

Let’s Talk About What Works for You

Choosing the right level of support is a big decision, but you don’t have to make it alone. Turnkey Property Management offers honest guidance and flexible services tailored to your needs, and no setup fees—ever.

Schedule a free consultation today and let’s build a plan that fits your property, your goals, and your time.

FAQs: Choosing the Right Property Management Approach

Q: Can I switch from lease-only to full-service property management later on?
A:
Yes, absolutely. Many owners transition to full-service management once they realize how much time they can save. We make the switch easy and seamless when you’re ready.

Q: What happens if my property is vacant—do I still pay the full-service fee?
A: No. At Turnkey, we only charge the 10% monthly fee when a rent-paying tenant occupies your property. There are no monitoring fees for vacant units.

Q: Does full-service include handling tenant emergencies?
A: Yes. Our full-service plan includes 24/7 emergency response coordination, so you won’t have to take midnight calls. We also manage all communication with tenants and vendors on your behalf.