Pros
A lot of independence because corporate doesn't actually care if you follow any guidelines, rules, or procedures. Your job is to tame the residents, period.
Kontras
Huge disconnect between corporate, district management and on-site staff. Very poor morale. Everyone knows they're disposable, being constantly reminded of that isn't helpful. A lot of "talk", threats. Corporate positions filled with a lot of people who have made a living on "fake it until you make it." Cheaply upgrading apartments to trick people into paying high rents. Only mission is to make properties look good on paper and sell them. On site staff is then sent into battle to fight off residents who have been conned. Very stressful to not have any backup from upper level. Smoke and mirrors to just get by, no longterm job security.