So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

If insurance won't handle it, then I recommend you document it heavily with pictures, dates, etc.

I am looking for ideas from experienced BRRRR folks on how they would handle such a situation with a tight budget, especially with fall approaching and SOD going dormant.

Ask me how I know.You have to handle this almost like a (good) police officer would: follow the law to the tee and friendly but absolutely unapologetic.

I ended up selling that house a few years later and investing in RI due to growing up in the area and having my dad available for repairs and maintenance as I would find, purchase, and handle all of the financing/ tenant responsibilities being an agent in RI and MA.

If furnished then set up.Decide how you want to handle utilities (included or shared)What kind of roommate do you want - what would your offer look like?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

It’s fair for the capital partner to handle these financial contributions since they aren’t bringing management or hands-on skills.Whatever structure you choose, make sure all contributions and profit-sharing are clearly outlined in a legal agreement to avoid any potential misunderstandings down the road.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

Sounds like you handled everything very well