Pros
The people that work for the company. All hard working and friendly, shedding the only light in a very dark abyss. The general makeup of a typical employee is young, hardworking, enthusiastic (the enthusiasm diminishes quickly), and very impressionable. Others are hardworking with no other options. Creates a bearable working environment.
Cons
Where do I begin. The business model itself is inherently flawed. A well to do venture capitalist has used this company as a side project to manage a large bulk of distressed property that has been purchased to hold and rent out to families in lower income neighborhoods. We have a few other clients who give us business, but they are few and far between. To manage these markets of properties. (typically concentrated around a city ) We hire a young inexperienced "Market Manager" to handle all the facets of the real estate process. (purchasing, construction management, Leasing, ect.). Very often they burn out, which lead to a high turnover rate with market managers. If they don't burnout its because they are not doing there job, and there is no accountability in the field. This always leads to inefficiencies in every market. From a corporate standpoint, the company has created a management team that lacks leadership and experience. Many departments (middle management) are ran by kids straight out of college with 0 real estate experience. Upper management treat their employees like worker mules, demanding unreasonable hours (60+), outrageous expectations, and very low pay. Days are filled with meetings that circle around to where they originally began. If you look up nepotism in the dictionary, a picture of ARP's logo should pop up. People move up in this company solely on who they know. ARPS also loves to "incentivize" their employees. The false promises of bonus structures and profit sharing add up like the tears you have driving home from work on the 5 freeway. I was promised a bonus structure that I received less than 25% of my time with the company. Make sure you get it in writing. My mistake. They pretty much do everything the wrong way. I would definitely not recommend this company to anyone. Your better off taking a hourly gig until something better surfaces. If it is your absolute only option before standing in the street, asking for change, take it, but have an exit strategy in place before you get sucked in. I seem harsh and wish I could tell you something more positive but there really isn't any.