Or they have it figured out and are going to cure via paying or modification etc etc. 

I dont think I would have any cash flow from renting after paying me mortgage.

They must provide quality service, or their clients won't want to pay the price.

I liked the tenant, school is starting back etc, I told them they could pay first month and security deposit and I would let them have the rest of August for free.

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

I like the fact that one and a half units pays all bills.

We only needed to pay earnest money and a portion of the closing fees bring upfront investment to 12-15K.

Just wondering how many folks would really use this that are like I said not really educated on how title and escrow works and I find East coast folks to be highly reliant on closing attornies and have very little knowledge of title and escrow functions..

Some PMC's will charge a lower percentage fee, but will charge it whether tenant paying or not.

So my insurance was paying $6200 a month for "barely" furnished 2-2 apartment new the Arboretum.