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The tools currently offered by Cozy include collecting rent online, managing payments from multiple roommates, and screening tenants.
The startup, which raised a Series A led by General Catalyst last year, already allows landlords to perform tasks like screening tenants and collecting rent.
The building would have to have armed, licensed security guards as well as a better system for screening tenants who might cause problems, according to the suits.
You could also rent an apartment from a large rental agency, or in a large apartment community where there may be less restrictive guidelines for screening tenants.
For example, if you're comfortable screening tenants and handling leases, but you don't want to have to make plumbing repairs when the toilet breaks or mow the lawn, you can hire contractors to do these jobs for you.
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It also offers landlords a way to screen tenants more easily, and helps them collect rental payments.
You need to be prepared to screen tenants, run credit checks and get the water heater repaired at a moment's notice.
Property managers not only find and screen tenants but also collect the rent and manage maintenance and repairs; some provide housekeeping services.
The concept of supportive housing, which provides stringently screened tenants with on-site job training, medical care and social services, has gained momentum in the last decade as an effective and cost-efficient solution to homelessness.
Its services include the ability for landlords to collect rent online, manage payments from multiple roommates, and screen tenants, and it makes money by charging landlords a $9 monthly fee (following a 60-day free trial).
We visit a tech startup to find out how social media data can be used to screen tenants.
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