What DONT property managers do??

[Ryan McElroy]

When your at the point of hiring a property manager to run your apartment complex, what things do they typically NOT DO? In other words, what things would i still be required to do to keep my investment running smoothly? I cant imagine property managers do EVERYTHING for an investor so they can sit back and collect paychecks each month...or am i wrong? lol 

Thanks guys!

Ryan