Property management is a comprehensive industry that encompasses a wide range of services. These include advertising and marketing of vacant properties, financial reporting and record keeping, lease preparation and enforcement, maintenance and repairs, property inspections, rent collection, and tenant screening and selection. Each of these services is crucial in ensuring the smooth operation of a property, whether it's residential or commercial. A good property management company will handle all these tasks efficiently, freeing up property owners to focus on other aspects of their investment.