Michelle Wang,With all due respect, you should make plans to be in another business once you're out of Real Estate Investing (Residential, Income Property).There are Members of our MassRealEstate dot net Association that come crying to me about similar situations as yours i.e.

Quote from @Jeff Skinner: I am just getting started in my real estate business. 

This is why so many companies are leaving states like California.Pro-business environment: Companies want to focus on their core business, not fight anti-business policies.Significant infrastructure: Companies favor cities with substantial airports, freeway systems connecting to other cities, and more.

Trustin your PM partner is important and they will follow your lead, so don't expect them to provide you with your business plan. 

And this does not even involve business or real estate!

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

Yes, this is "tough love", but you won't survive in this business if you let it affect you:)

LTV & CreditEliminate the emotion and treat this like the business it is.In my opinion it does not matter who the borrower is as long as they have a track record of ATR (Credit)And I feel comfortable with the leverage (LTV)

You are complaining after four months of trying in a brand new business that you didn't know anything about?

Easy sign up for a sole proprietor.I think new flippers are consumers & don't understand a business mindset.