CMHC Bulletin: Year 15 and Beyond: Reviewing the Level of Federal Assistance
CMHC
Even a very small co-op needs a paid bookkeeper to make sure its money is properly accounted for. Beyond that, a property manager knows the annual and seasonal routines that will keep the property secure and well cared for. When the essential tasks are looked after, volunteers will have the time to
Some vacancy loss is by choice, because units are being refreshed for new members. So not a loss but an investment.