The book investigates the day-to-day life of a property manager which includes everything from showing the property to prospective tenants, to signing lease agreements and performing tenant walk-thru inspections. Types of property managers are examined, along with property management plans and property management agreements. Tenant screening and finding prospective tenants are explored, along with lease agreements, security deposits, and tenant management issues—which include lease terminations and evictions. Records management, cost controls, and office procedures are studied to determine the best ways to increase profits for the property owner. Preventive, corrective, cosmetic, emergency, and deferred maintenance is covered in-light of their importance to profits during the holding period. Specific property types are investigated and include: single-family rental properties, condominium rentals, multi-unit residential properties, leased investments, and specialty properties.
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