I have both a house in a mooban and a condo... from unrelated developers and ages apart.... both are now suffering from problems of embezzlement that has just come to light.
In case where it's just the office employee doing it... if they flee, it's too much trouble to chase after them if they don't have any assets right? how much would become economical to start hiring.
But in one case, a committee member/president who is also a resident/co-owner in the condo and owns multiple units... after lengthy court battles, if it was won, can a lien be put on her units like as if it was normal debt to the condo situation?
Peoperty management seem like a dead-end job, you manage the place for seemingly rich a-holes in houses and rooms you can't ever afford, unless they find a side hustle as a real estate agent the temptation to take from the condo/mooban is very tempting.