Specifications include, but are not limited to: Management of apartment and house leasing. Lease execution and enforcement of lease. Collection of rents, security deposits, late fees, etc., including but not limited to utilization of a web-based payment portal for tenants to make lease payments. Full financial accounting responsibilities to include monthly financial reports, including custom University reports. Fiscal management, including annual budget preparation for University properties. Purchasing of all required supplies and services. Sensitivity to neighborhood and public concerns with respect to tenant issues. Potential involvement in coordination of repairs and/or improvements to units with tenants, UMSL Facilities Management Department, and/or outside vendors. The Vendor shall manage the properties in compliance with the University operating parameters which include: Maintaining diversity in the neighborhood for tenants to the extent possible while renting to potential tenants in compliance with the Fair Housing Act Working with University staff to provide orientation programs for new residents regarding residential neighborhood living. Attending scheduled evening neighborhood meetings (as often as monthly) and updating neighborhood representatives on issues pertaining to the rental properties.