How does your property management company work?

[Vic Vega]

Im curious how some of your property mgmt companies work in regards to communication and action when tenant issues arise. Particularly when tenants monthly rent is late and/or not paid at all. For example, are you immediately notified when rent it late or not until rent is not still paid after the end of the month? Basically just in general what actions and when are they taken by your prop mgmt company when rent is not being paid?