Some people don't have financial situation, nor have the bookkeeping to track or maintain it.Again, I personally find it very stressful just thinking about living that way for the life of the loan keeping the lowest daily balance possible. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Then after they take their fees, and any repair costs for the month, I get direct deposits to my account of the remaining balance.

They are unable to give you a balance or ledger report when there are repairs on properties.

This typically comes into play with big banks (Chase, etc) who are buying the loans to place them on their balance sheet.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

The reasons they identified will not impress the judge and you will win as long as you followed the proper procedures.There is no way to ensure that they won't damage the property, but you have recourse if they do.

This helped me get the max LTV on a high balance loan. 

STRs are difficult for a traditional LTR PMC to properly manage!

This means there are no checks and balances to ensure all transactions are entered correctly.