resident managers and finances

[Joe Smith]

Reading another post got me thinking about this again.

For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you resident manager signing authority on bank accounts and/or allow them to handle finances?

If so, how much:

1. Everything from paying mortgage on down
2. Only a small account for basic misc. expenses, small repairs, bigger things approved by or handled by yourself or management company
3. Just petty cash
4. Other