If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I plan to speak to my broker and it's probably a question for their lawyers, just wanting to check all my options before I choose a route

However, our goal is to help 100k investors obtain financial freedom - hence the reasons why we provide many videos, podcasts, programs, and services to help with this journey.Unfortunately, we cannot promise that every deal we help you get under contract will close.

You would need a premium plan. 

The cash on cash return is only meaningful when you evaluate it based on your long term plans.

What did they say is the plan?

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

Connect with The Hard Money Co, Mach1 Lending, MGM Capital or Plan B Homebuyers. 

And hopefully I can be financially independent by paying the mortgage down eventually.