The LIHTC owner’s compliance calendar tracks the recertification deadlines that cannot slip without putting credits at risk. It covers tenant income certification before move-in, household recertification on the anniversary date,
The real cost of a slow make-ready turn is mostly vacancy loss. Every day a unit sits empty, you lose roughly 1/30th of a month’s rent, plus cleaning, repairs, and marketing.
Economic vs physical occupancy is the gap between how full your property looks and how much rent it actually banks. Physical occupancy counts units with a resident; economic occupancy measures collected rent against gross potential rent.
The 7 line items quietly eating your NOI are usually not rent or the mortgage. They are smaller operating expenses: utility leakage, unit turnover, deferred maintenance, uncollected rent, creeping vendor contracts, over-assessed property taxes, and marketing concessions.
A property management transition is how a rental property moves from one company to the next, and once you see how a management transition actually works, week by week, most of the stress owners fear disappears.
