And, if there are repairs needed, a property manager,SHOULD, be more accountable to get things fixed in a timely manner.
A private owner can be more flexible on security deposits or other things, yet has no governing body to regulate them. I know several people that do it themselves and its fine for them. As said below, if the house is in foreclosure, you as the tenant has very few rights to stay if and when the house is sold.
It is like buying fruit at a corner with a guy and some baskets or at the grocery store. The store has to follow rules and regulations. Both can work in there own way. With a permitted property manager, you can have more peace of mind that everything is legal and protected
If you need help in your search, I can help you with that at no cost to you. Feel free to give me a call or email me for more information
Realtor, Property Manager
8625 S Eastern Ave
Las Vegas, NV 89123
Property managers will tend to be more "by the book" and in compliance with the law and the terms of your lease, but also unforgiving about enforcing those terms.
Property managers are more strict and in some instances more bothersome. A private owner may excuse bad credit or limited income. A private owner, typically lives out of state. You will usually not hear from him/her. Please check county records to verify ownership and to make sure home is not in foreclosure. I can assist you with this, please contact me.
Wardley Real Estate