Property Management Strategy for 15+ unit Properties
BP Nation... I'm looking for your opinions and experience with managing 15+ unit Apartment complexes. As a property manager I manage up to 15 unit properties now and kind of drew the line right there because I felt anything bigger should have onsite management.
Now one of my out of state clients (MF property owner) has decided to purchase something in the 20+ category. She is apparently very comfortable with me and wants me to manage it, somehow, but neither one of us know the best solution.
One of my peers just told me that he recommends an onsite handyman that's either paid by me as one of my contractors or discounted/free rent. He uses that scenario from 10-19 units but backs off and recommends an onsite management company for 20+ units.
How have you done it or seen it done?