What do operating statements provide information about?

Operating statements are crucial financial documents that reflect the performance of a property and its management over a specific period. They typically include details such as revenue generated from rents, operational expenses, net income, and other financial metrics that indicate how well the property is being managed and whether it is meeting its financial goals.

In essence, this information allows property managers, owners, and investors to assess the effectiveness of their management strategies, identify areas for improvement, and make informed decisions about future actions related to the property. The emphasis on financial performance makes understanding these statements vital for anyone involved in property management or investment.

While the other options touch on various aspects of property management, they do not specifically address the overall performance metrics that operating statements provide. Security deposits and lease terms are important for tenant-landlord relationships, and estimated capital expenditures pertain to future spending plans rather than the current operational performance of the property.