It may require paying down some balances and taking out authorized users 

@Jordan Dzubak we played with the idea of getting something at the Lake a few years ago, but ultimately never pulled the trigger in large part because so many neighborhoods were modifying their C&Rs to prohibit short-term. 

It can be a nightmare dealing with occupants that don't get along and want the manager to play "cop".

With current rates, inventory and demand you may have to bring a little extra down payment.But real estate investing is not a great cash flow play, it's more a net worth game.

I was going to draft up one contract with each LLC as a separate "Owner" with the authorized representative for all, the actual owner, to sign the one contract for all legal entities, but they didn't like this and want to keep all documents separate.I gave them a VERY competitive price quote based on the total portfolio as 1 account with the total number of units.

Residential and commercial real estate investing is not even in the same playing field. 

There isn't a lot of information about comparing PMS providers, so just wanted to let anyone who is considering switching know my experience.Yes a lot people assume it is plug and play when it requires work to switch over.

I am going to throw this out there and play devils advocate- while I believe they will cut rates because its an election coming, I ask why are they cutting rates?

Sounds like a good value add play but you would have to consider the costs in cash and effort 

I found this deal through networking while playing basketball.