Also, they will limit your rehab cost budger/amount ( If they are practicing good business morals, a HML won't/shouldn't let a newbie get in over their head with regards to rehab, unless they want to foreclosure on you, which is sad but true).

So moral of story is underpromise and over deliver and communicate with clients

@Mario Morales - it sounds to me like the primary thing you're putting out there is to not go for a 6+ unit property as my first property.

If you provide some "mis-guidance," you may find yourself in an unwanted predicament.

I had planned to utilize PM once I acquire more properties.But yes the section 8 thing has me in a predicament.

@Mario Morales I rarely use tile here in our apartments.

Any insight into this moral delimna is greatly appreciated!

The moral of the story here is that investors going into unfamiliar markets should always get an appraisal.

Is it ethical, moral, etc.?  

He is just not professional and has no moral code.