Hello, so if you have 16 unit apartment complex in Campbell, CA - do you need an "on-site" property manager?
Can it be one of the tenants that would oversee the complex and be compensated for it?
Answers (2)
Andrea, Yes, a 16 unit apartment complex requires an on-site manager, and you can hire some one that lives in one of the units and discount the rent as compensation. Just be careful who you choose. You are better off hiring someone with a background in property management, yet it is not required to have a real estate licence for this person.
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