Renters in the US spend about $485 billion on rent each year. It’s easy to see why investors would want a piece of that pie in the form of their Fairfax rental homes. However, your return on investment as a property owner depends largely on finding reliable renters.

Fairfax rental property owners face the challenging task of vetting potential renters successfully, especially while simultaneously navigating the obstacles created by the economic landscape during the pandemic. With these issues in mind, there are certain must-haves property owners should be considering when it’s time to investigate a new applicant:

If you are an investor or property owner in the Northern Virginia area (NoVA), the following guidelines may help you to make smart choices that will stabilize your investment during turbulent times.

Note: This blog post does not act as a substitute for legal counsel. When in doubt, consult with your trusted attorney or the Fairfax property management experts at Renters Warehouse DC/NOVA for real-time assistance! 

Rental agreement, close-up

Hiring a Property Manager Is the Best Option

Put simply, hiring a full-service property management company is the absolute best option for investors—especially if you live abroad. The professional services of our expert team here at Renters Warehouse can assure that all tenant screening is done with your interests in mind. There are multiple reasons why hiring professionals is the best option.

Hiring professionals to manage the tenant screening process means that investors have peace of mind knowing that their real estate investments are in capable, experienced hands—and that their income stream is as secure as it can be in the current market.

Advantages and Disadvantages to Vetting Renters Yourself

Some Fairfax rental property owners prefer a hands-on approach to their investment business; understandably, they might be reluctant to delegate matters to professionals. Of course, there are advantages and disadvantages to the ‘DIY’ approach when it comes to finding the right renters—and these must be weighed against each other to determine the best course of action.


Although these advantages may seem desirable to some, they do come at a cost for the investor.


There is a quantifiable cost involved in shouldering all of these responsibilities as a property owner. In fact, taking advantage of the pooled experience and resources of a Fairfax property management company would not only eliminate many of the disadvantages we listed above but could even help you save money in marketing and maintenance costs.

Why not take advantage of professional property management services—and the benefits of such an alliance?

What Kind of Services Should You Seek?

An investor who hires a full-service property management company receives the benefits of various services. Not all companies offer the same services—or even the same quality of service. The following are the services offered by superior Fairfax property management:

Happy man being given a house key

Your Decision Matters

The decision of how to handle the vetting process rests completely in the hands of the investor. Given that there are certain must-haves for a successful tenant screening, a property owner cannot afford to skip any of the steps involved.

While you may still feel inclined to be involved in the process, working with a Fairfax property management company can shelter you from unnecessary liability. In a time where some are forecasting uncertainty, and others are claiming that the industry is on the rise, smart investors see the need to stay informed and ahead of the market. Working with a full-service property management professional is just one way to do this successfully.

You can learn more about how to successfully grow your portfolio when you download our free guide to real estate investing in the NoVA area!