Management for single-family rental homes in Memphis.
Single-family houses are the backbone of the Memphis rental market and the heart of what we manage. One house or a portfolio, we price it on real comps, fill it with screened residents, and maintain it with our own in-house crews. 8% of collected rent, no lock-in.
The short answer
Longstep Property Solutions manages single-family rental homes across Memphis and Shelby County, the most common rental type in the metro. We handle pricing, leasing, screening, rent collection, and in-house maintenance for single houses and small portfolios, at 8% of collected rent for long-term and 10% of revenue for short-term, with a 4.75-star average across 7,000+ reviews and 70% occupancy across the managed book.
How we manage your single-family home
Four steps, one accountable team, every detail in your portal.
We price the house on real comps
Before it lists, we underwrite what comparable single-family homes nearby have actually leased for, not a guess. You see the number first.
We market and screen
Professional listing, syndication across the major rental sites, self-scheduled showings, and credit, income, and background screening on every applicant.
We maintain it in-house
Our own maintenance crews handle repairs and turns. Every visit is photo-documented in your owner portal. No call center, no marked-up subcontractors you never chose.
You see everything
Rent, expenses, and every work order post to a live owner portal you can read from anywhere. Monthly statements reconcile to the dollar.
Keep going
The 30-day no-lock-in guarantee
Start with Longstep on long-term management, and if we are not the right fit in your first 30 days, you can cancel. No penalty, no fight, no holding your doors hostage. We would rather earn your business every month than lock you into a contract that does the work for us.
The terms: cancel your long-term management agreement within your first 30 days, for any reason, with no cancellation fee. You remain responsible only for third-party costs already incurred at your direction, such as a repair you approved. Applies to long-term property management.
Common questions
Who manages single-family rental homes in Memphis?
Longstep Property Solutions manages single-family rental homes across Memphis and Shelby County, the most common rental type in the metro. We handle pricing, leasing, screening, rent collection, and in-house maintenance for single houses and small portfolios, at 8% of collected rent for long-term and 10% of revenue for short-term, with a 4.75-star average across 7,000+ reviews.
How much does it cost to have a single-family home managed in Memphis?
Longstep charges 8% of collected rent for long-term single-family management, plus a tenant placement fee when we place a new resident. There is no setup fee and no long lock-in: long-term management is backed by a 30-day no-lock-in guarantee. If you run the home as a short-term rental instead, management is 10% of revenue all-in.
Do you manage just one rental house, or only portfolios?
Both. We manage single houses for first-time and out-of-state owners as well as portfolios of dozens. The service is the same either way: in-house teams, photo-documented work, and a live owner portal.
What can my single-family home rent for in Memphis?
It depends on the address, the bed and bath count, and condition. Send us the address and we will return a free, sourced estimate of long-term rent on comparable nearby homes, with the sample size shown, before you commit to anything.
What can your single-family home rent for?
Tell us the address. We will send what it should earn as a long-term rental, sourced from comparable Memphis homes. Free, no obligation.
No spam, we never sell your info. Or email andrew@staywithlps.com.