Hi David Oh-You asked about a profit sharing bonus for property managers to give them an ownership mindset and incentivize them to align with your goals for quality property management.I love this idea.While I do not have a formal profit sharing plan, I always like to recognize the property management company with gift cards to the operators and the people within the property management company I have regular contact with that help keep the property running well and keeping costs down.Related to this, a handwritten thank you card to the same people periodically goes a long way.I also like to do the same for the tenants that have been paying rent on time.To your success!

:Before you go too deep into the process, look at how long the period of time is for the system to recover its cost from operational profit. 

their max quote period is 30 days so seems the quote was from Jan 13.It is not cheap, but the risk it high. 

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

So you are better off finding someone who wants to rean interest on their money and getting a promissory note signed and giving them a 10% interest rate and having them give you a 15k loan interés only for a 12-24 month period.

Ensure your mortgage lender is requesting documents upfront early in the closing period so there is no last minute suprises3.

I'd love to hear more from you.Residential Districts (2019): Renting properties for periods less than 31 days or a calendar month is prohibited.

I see the discussion, but it's talking about the amount "Jim" can take for the next loan, not anything about the time period between when one loan is paid off and the time until he can request a new loan.Asking more out of curiosity, I would be surprised if John Hancock had something incorrect posted on our retirement plan web page. 

I noticed the market was shifting, so didn't run to get under contract until day 43 of the identification period.

They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.