Few or NO Requirements for Single Family Home Management

I get calls from all around the country about what requirements are needed to start managing single family homes.  From my research, managing single family homes does not require any special liscensing or regulation.

There is a license to manage Community Associations to work for larger condo, Home Owner Associations and co-op properties BUT there is NO requirement for managing single family homes.

Each state has its own regulations so check with your state’s Dept. of Consumer Protection office.  But make sure you ask your question SPECIFICALLY for single family homes.

If this is the case in your state – I suggest starting off managing single fmaily homes – see the success you have and if you enjoy the work.  After that if you want go forward and branch into larger properties with their associated regquirements go for it at that time.

Published on May 11, 2010 in Property Management

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