Rental price assessment site Rentometer.com has rolled out a new property management system, site owner Investment Instruments Corp. announced today.

Rentometer.com allows tenants and landlords to plug in an address and rent amount to get an analysis of how their rent compares to other rental properties in their location.

Now, RentometerPro will provide landlords with a place to manage and automate many aspects of managing a rental property. The system includes tenant screening, an online rent-payment system, vacancy ad postings to sites such as Craigslist, and an online vendor payment system that allows landlords to assess per-unit costs, among other things.

The cost of the system starts at $9.99 a month depending on the number of properties under management, the company said.

"Landlords go through a lot of steps to rent a property. They need to advertise, screen tenants, collect rents, file legal documents, maintain their properties and keep careful track of it all," said Allison Atsiknoudas, CEO of Rentometer, in a statement.

"In the past, landlords placed costly ads in the local newspapers and were then forced-to chase paper checks. But today, there are a wide variety of paid and free advertising venues, plus tenants are demanding more payment options."

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