Essentials of Residential Property Management Managing Single-Family Homes, Multi-Family Homes, and Community Associations

This text provides students and instructors with an in-depth exploration into the management of single-family homes, manufactured home parks, and multi-family residences. It examines the essential principles and practices that underpin effective property management, providing a historical overview of the property management profession. The author also provides detailed discussions on the responsibilities of managing various types of residential properties, including themes such as development and implementation of maintenance plans, legal compliance, financial management, and risk migration. In addition, the book offers practical application, legal aspects of property management, and technological advances in the field, highlighting modern tools to streamline operations and enhance communications.

Featuring learning objectives, key terms, review questions, and practical examples for effective teaching and learning, this text provides students with a thorough grounding in both the theoretical and practical aspects of residential property management, preparing them for real world-challenges.

Chapter1: Understanding Residential Property Management.- Chapter2: Managing Single Family Homes.- Chapter3: Introduction to Managing Timeshares.- Chapter4: Introduction to Manufactured Home Parks.- Chapter5: Managing Multifamily Residences.- Chapter6: General Property Management.

Daleik Vaughn is an Adjunct Professor of Residential Property Management in the H. Wayne Huizenga College of Business and Entrepreneurship at Nova Southeastern University, Fort Lauderdale, FL, USA. His teaching covers essential aspects of property management and real estate, including principles, valuation, maintenance, and operational excellence. He is also Founder and CEO of Saivy, a financial technology platform that connects homeowners, financial institutions, home improvement retailers, and maintenance professionals to empower stakeholders and enhance the homeowner experience. He is a seasoned property management professional with over 17 years of experience in the industry. Throughout his career, Daleik has demonstrated exceptional proficiency in managing a diverse portfolio of properties, including single-family homes, multifamily residences, and community associations. His extensive knowledge and hands-on approach have enabled him to successfully navigate the complexities of property management, ensuring both resident satisfaction and property value enhancement. In addition to his practical experience, Daleik holds the licenses as a Florida Real Estate Broker, Michigan Salesperson, Florida Licensed Community Association Manager (LCAM) and the international credential of Certified Manager of Community Associations (CMCA).