Also, why not institutional lenders for the cash out refi? 

So while the black and white data isn't there just yet, it presents a really great opportunity to be an early adopting self manager in that market. 

If you are looking to start a buy and hold portfolio then your options are much greater as you can finding a lending institute that will be lower interest than any other source of money. 

Ultimately, the Board is responsible for maintaining, protecting, and preserving the project as spelled out in the governing docs.There are great resources available from the Community Association Institute, and they have chapters across the country that Board Members and Owners are welcome to join, in order to learn how an HOA is supposed to operate.

@Christian Beebe Join Urban Land Institute to network with more developers and find out what they think.

Your  financial institution should have records showing that it was your contractor that withdrew the funds.

I'm currently in the process of purchasing a multi family property. This is my first time purchasing a multifamily and first time inheriting tenants Unfortunately 2 of the 3 units haven't been upkept or repaired in qu...

In the institutional real estate syndications that hold larger properties - Student housing, industrial, 300+ unit class-A multifamily, there is very consistent cash flow and appreciation without lumpy periods of CF and tenant turnover.I'm happy to talk syndications with you.

Most of them are achieved through traditional lenders and institutions like banks, but some are accomplished through less traditional means.

According to Keeping Current Matters, “lending institutions took on much greater risk in both the person and the mortgage products offered.