Property Management
A Colorado property manager who also owns an investment property has a conflict of interest when:
AAny investment is made in the same market
BThey manage other owners' properties but give favorable treatment to their own property over the owners they represent✓ Correct
CThey charge a management fee
DThey rent to tenants who also live in the same neighborhood as their own property
Explanation
A property manager who owns competing properties and gives favorable treatment (directing tenants, pricing advantages, etc.) to their own properties over those they manage for clients has a conflict of interest and breaches their fiduciary duty to their property management clients.
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