Many people prefer to live in apartments these days, as the maintenance costs are low and one does not need to have a large capital. Similarly, shop spaces are also in great demand as there are many small businessmen who do not have large offices or shops to store their goods. Instead, they opt for self storage, where they can store their goods in a rented place.
Renting out property involves many hassles and is a time consuming job. Hence, owners prefer to rely on a property management agency to take care of their properties and generate income from it, especially, if the owner is employed in some other job. It becomes practically impossible to look into the different aspects of renting out the property.