This text provides students and instructors with an in-depth exploration into the management of single-family homes, manufactured home parks, and multi-family residences. It examines the essential principles and practices that underpin effective property management, providing a historical overview of the property management profession. The author also provides detailed discussions on the responsibilities of managing various types of residential properties, including themes such as development and implementation of maintenance plans, legal compliance, financial management, and risk migration. In addition, the book offers practical application, legal aspects of property management, and technological advances in the field, highlighting modern tools to streamline operations and enhance communications.
Featuring learning objectives, key terms, review questions, and practical examples for effective teaching and learning, this text provides students with a thorough grounding in both the theoretical and practical aspects of residential property management, preparing them for real world-challenges.