What type of report would a property manager prepare for the property owner?

A property management report that details expenses and income is crucial for property owners because it provides a comprehensive overview of the financial performance of their investment. This report typically includes important financial metrics such as rental income collected, operating expenses, maintenance costs, and other relevant financial information.

By delivering such a report to the property owner, the property manager ensures transparency and helps the owner understand how their property is performing financially. It also serves to facilitate informed decision-making regarding property management, maintenance, or potential improvements.

While the other options are valuable in their own right, they do not provide the direct financial accountability or performance insights that a property management report offers, making this type of report the most essential for property owners.