When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what? 

Yes, a contract is a contract, but it's a two-way contract.

I’m currently getting under contract on a property for rent in Texas, our 4th, via DSCR. 

I have one that is awesome and smart and specializes in Real Estate tax planning mostly because he is an investor as well so he is really good at what he does.  

Play it smart by aligning your investments with your goals, timing, and risk appetite.

I’ve been searching for a form or contract I could use to recast or modify the terms of a loan that I seller financed a few years ago, with the intention of lowering the monthly payment for the borrowers and extending the repayment timeline.

It 100% depends on your contract.

Starting with a mentor is very smart – it really cuts down on the learning curve, especially with something like a fix & flip.

This also leads owners to ASSUME simpler is better when it comes to management contracts.