Regardless the odds of redemption are so low that it is worth taking the shot, just dot your I's and cross your T's and document everything well with before, during and after pics.Good luck.

Fingers crossed this first one works out.

So 1 compressor and count how many blowers you want for your house.

I did pledge assets to cross collateralize.

I personally am more restrained in calling someone sensitive, thin skinned, etc than Jonathan but you have crossed the line to were I share his belief.  

@Michael MattinglyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

As Adam mentioned, larger unit counts mean less face to face but if you're able to it certainly couldn't hurt! 

So, if your aren't counting them in your calculations here then your cashflow is probably $255 LESS (assuming 5% budgeted for each) for a new cashflow of $245.

The only way I thought I could protect myself better in this situation if I were to decide to move forward would be to cross collateralize by taking a first lien on a separate property of the borrower.

On the contrary, you can probably count on getting hit with one.I appreciate the response.