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Updated about 10 years ago,
First apartment complex questions.
I have several years experience in managing SFH rentals and operating a 30 lot mobile home park. I feel like I'm ready for something bigger, and have a private investor who wants to partner in apartments. Am I crazy to think that if I can manage a MHP, then I can manage a larger apartment complex? We are looking at deals in the 50-150+ unit range(go big or go home!). Has anyone managed both MHP's and apartments? What are the major differences as far as day to day operations? Is there an industry training standard or certification that property managers hold, or do you train your own staff? What management software options are available?
Looking forward to hearing from yall!