My apologies if I'm misunderstanding your post.

I don't care about the "two rules" - they are just my benchmark.After an endless number of messages and misunderstanding of your main point, I'd appreciate you sharing your thoughts and mindset.

Thanks all for the responses, i believe the misunderstanding is possibly on my end.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

The (un)importance of owner occupancy is a common misunderstanding among private lenders.

My original understanding is that there will be a 6 months seasoning if not cash buy.Originally posted by @Jeremy Dockendorf:@Jinkai Gao your misunderstanding is likely because you put your emphasis on the wrong thing.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Shallow understanding from people of goodwill is more frustrating than absolute misunderstanding from people of ill will.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.