If you are asking how many apartments require an on-site resident manager - then - unless your state has specific laws / rules (Texas does not) then it would be up to the ownership to determine how best to operate the property and deal with the tenants, leasing, maintenance, management issues that come with an apartment property. There is no magical # in answer to that question. Some smaller communities can be operated completely with no on-site presence if the management company operation is nearby. Some smaller communities to medium size communities can be operated with perhaps part time management on -site and all residents have phone # to office. I've operated a property up to 100 units or so with no on-site management office as our (management company) office was nearby. Many variables to consider - size, location, condition, vacancies, maintenance issues, security issues, etc., etc. before any answer can be applied.
Sep 17, 2012