Usually apartment buildings with more than 20 units are managed by professional property management companies and those buildings with fewer than 20 units are usually managed by the owner and a live in property manager. Regardless of who is managing the apartment building it is important to follow some general principles and tips to make sure that operations run smoothly. The management of an apartment building should be efficiently run like any other business. The manager should look to improve the client-tenant living experience while minimizing costs and increasing profit opportunities whenever possible.They need to remember to follow the Fair Housing Rules, as well as, who is responsible for the repair and maintenance of the units. Many apartment complexes partner with SERVPRO of High Point in getting an Emergency Ready Profile completed. This helps cover the safety guidelines that they have to follow.