Scope of Services

Our objective is to maximize income and maintain control over expenses. Services provided include, but are not limited to:

  • Staffing of on-site employees according to the Owner approved budget.
  • Property management supervision by qualified Professionals of Steadfast Management Company.
  • A competitive compensation package including health benefits to solicit and maintain the top professionals in the field.
  • Full accounting of income and expenses under generally accepted accounting principals, monthly financial reporting is available in cash basis, accrual basis and modified accrual (income - cash basis, expenses - accrual basis).
  • Weekly occupancy and collection reporting
  • Turnover statistics for each community
  • Monthly financial report – 15th of each month
  • Annual budget preparation - Owner approval by November 1st
  • Partnership distributions - as directed
  • Professional accounting and accounts payable administration.
  • Construction supervision/rehab supervision
  • Insurance/Risk Management.
 
     
   
 


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