Maintenance

Begin by conducting a thorough assessment of the property to identify current maintenance needs and potential future issues. This may involve inspecting the building's structural elements, systems (such as plumbing, electrical, HVAC), appliances, landscaping, and common areas.

Establish relationships with reliable and skilled vendors, contractors, and service providers. Ensure they are licensed, insured, and capable of delivering high-quality work. This includes plumbers, electricians, landscapers, painters, and more.

Consider long-term maintenance needs, such as roof replacement, HVAC system upgrades, or exterior renovations. Develop a plan for addressing these larger projects over time to avoid last-minute budget strain.