Property management vs onsite personell
I think I am getting the hang of this, but it is still wishy washy in my mind. The on site people at a complex are going to do the day to day work, and the "property management" line on the expense line are the ones that set and check budgets, hire/fire, create tax forms, monitor legal filings, etc. Does that seem right? anyone know of a comprehensive list somewhere of what each group would be responsible for?