I have salary position as a Commercial & Retail Property Manager. It is the main part of my job, though I am also Realtor for KCI Realty as well. I think the benefit of property management is does produce a steady stream (for duration of contract) of additional income for your business. However, it is small increments and also has many pieces, components and work with it.
I will also say. the as far as property management, commercial and retail and residential are two totally different ball games.
We are very small. In essence, two of us are managing our development companies assets and a portion of another entities in three cities.
Establish a good checklist. You may have to alter per new tenant to suite particular needs.
Organization, ultimately, will make or break you. & Accept being told, rather than learning the hard way.
I do not think it is a job that "everyone" is suited for- the same way not "everyone" is suited for sales. You, in essence are the bad guy, the good guy, can anticipate issues, make sure everyone and everything is taken care of, etc. etc. etc.
HOWEVER, toughest job I have ever loved. & Have learned so much all these past years. & Really not my time of being a "Realtor" but my time of being a Realtor and Property Manager is what gave me the both the inside/outside view and the what to make sure you do and what not to. & Is probably also why now at 51 I am looking to acquire some properties of my own.