I'm about to acquire a 45 unit apartment complex...

[Erika Banks]

I'm about to acquire a 45 unit apartment complex in San Antonio.

I'm very familiar with single family residents, but apartment complexes are uncharted territory--but this deal is too good to pass.

I think I should hire a property management company - can anyone give me any insight into what I should look for with the property management companies?  What is the average fee that property managers charge for apartments?

Or do I hire an on-sight manager - one of the residents?

Any insight will be greatly appreciated.

Thanks

Erika