The key lies in finding a true professional that goes above and beyond.Some of your complaints require explanation and some are simply based on your misunderstanding of what a property manager does.

This might be a little long winded, but here's what's going on and what you need to watch for to stay compliant and legal.Please don't misunderstand what I'm saying below.

For example, Jan - A1, A2 - purchased these two houses the first monthFeb - B1, B2 - purchased / A1, A2 rehabMar - C1, C2 - purchased / B1, B2 rehab / A1, A2 ready to rentApr - D1, D2 - purchased / C1, C1 rehab / B1, B2 in rehab / A1, A2 rentedMay - E1, E2 - purchased / D1, D2 rehab / C1, C2 in rehab / B1, B2 rented / A1, A2 refi done, "seasoning lockup / countdown" beginsJun - F1, F2 - purchased / E1, E2 rehab / D1, D2 in rehab / C1, C2 rented / B1, B2 refi done / A1, A2 cash flow, wait for countdown to expireJul ===> ad infinitum ... repeat, using the "unlocked" money from prior generations to fund future deals.Then again, I could be totally misunderstanding what he said. :) lol

This violates basic supply/demand and common sense.This apparently common view people have of the area seems to be overly influenced by media headlines, misunderstanding basic economics, and not understanding more complex economics that actually drives investment demand.

I replied "oh, I was just joking, sorry for the misunderstanding".I could tell the guy was a little unbalanced but receiving threatening calls afterwards to kill me was  little unnerving.

What am I misunderstanding about being a Hard Money Lender?

. -- I might misunderstand in this one whether I have to sell my condo or not)2.

At first I read some posts on him and the company before I went ahead with him and thought to give him a chance and maybe there were some misunderstandings with others who had bad experiences with him. 

They can't both be happening.Terry claims......When there is loss of population, then demand goes down, which in turn supply goes up.This is a fundamental misunderstanding of the laws of supply and demand.

My partners happen to be family, and we have seen business misunderstanding in the extended family, and we want to avoid that at all cost.