Community associations are more commonly referred to as homeowners associations, condominiums, co-operatives, or property owners associations.
Several states have licensing requirements.
You are helping to manage a not-for-profit corporation. Duties include, but are not limited to, working with vendors, providing information to the board, risk management, client service, covenant enforcement, facilities, OSHA, fiscal management, budgeting, contracts, long-range planning, capital improvements, compliance with local, state, and federal laws, etc.
A good company will start you out with a small portfolio of easy communities. As you grow, your portfolio gets bigger and the communities get more complex, until you work your way up to large scale properties or high rise condominiums (the most challenging to manage).
I’ve helped a number of distressed communities get back on their feet, tackle deferred maintenance, navigate complex legal issues, and return to financial solvency. It is very rewarding work when done right. Boards remember you years later, become friends, and appreciate what you do.
Ah...thanks...I’ve had 3 condos over the years...I wondered if that was what you meant. Good managers would be invaluable...condo boards are often difficult, especially at startup.