Pros
I have had the pleasure of working in multiple regions so I am well aware that the cons do not exist throughout the entire company. Great opportunity to gain housing and state certifications at the expense of the company. The company promotes from within. Depending on the office, there is flexibility to be able to handle personal business, such as the extensive list of tasks you have to complete to get the insurance discount. You can also walk away with some lifetime friends, I did with the first group of individuals I worked with/for. Got along great with the RPM and VP. The yearly conferences are always fun and informative, if your site budgets for it.
Cons
Pay to workload ratio is horrible. Insurance premiums are very high (the premium can be lowered if you have time to take off and get certain exams done). Progression in the company and how you are treated can be based off of who you know. There have been some changes and a few of the Regional Property Managers do not know the job well enough to train or supervise the Property Managers. It can cause you not to be motivated because you know you are not doing your job correctly because you were never taught how to. Some VPs do not take the time to know the Property Managers so when things are really bad, it is easy for the RPM that they have built a relationship to place blame on you.