2638 181st Ln NE, Wyoming, MN 55092

Property Management Pricing

Property Management Pricing

Simple. Transparent. Professional.

At MDS Property Management, we provide structured residential property management designed to protect your investment and simplify ownership. Our pricing is straightforward and aligned with the level of service required to professionally manage rental properties throughout Minnesota.


Monthly Property Management

10% of Collected Monthly Rent
Minimum: $175 per unit per month

Our full-service management includes:

• Rent collection and processing
• Tenant communication and issue resolution
• Lease enforcement and notices
• Owner financial statements and reporting
• Vendor scheduling and repair coordination
• Property compliance monitoring
• Professional management of day-to-day operations

This allows property owners to remain informed without being involved in the daily management responsibilities.


Tenant Placement

100% of One Month’s Rent
Minimum: $900

Tenant placement services include:

• Professional property marketing and listing distribution
• Showing coordination with prospective tenants
• Thorough tenant screening and background checks
• Credit and rental history verification
• Minnesota-compliant lease preparation
• Move-in coordination and documentation

Our goal is to place reliable tenants who treat the property with care and maintain long-term stability.


Lease Renewals

$300 per renewal

Lease renewal services include:

• Market rent evaluation
• Lease updates and compliance review
• Negotiation and execution of renewal agreements

Maintaining quality tenants often reduces vacancy costs and improves long-term property performance.


Maintenance Coordination

We coordinate repairs and maintenance using trusted local vendors to ensure your property receives timely, professional service.

Our maintenance system provides:

• Fast response to tenant repair requests
• Coordination with qualified service providers
• Oversight of repairs and documentation
• Protection of property condition and value

Detailed maintenance procedures are outlined in the property management agreement.


Property Inspections

Routine inspections help maintain property condition and identify issues early.

• Move-In Inspection – $175
• Annual Property Inspection – $175


Additional Services

Additional services may include eviction coordination, project oversight, and other specialized property services as needed. These services are outlined in the management agreement.


Ready to Simplify Your Rental?

If you are interested in professional management for your property, contact MDS Property Management to schedule a consultation and receive a customized management proposal.