The signing parties are "stopped" from saying anything different after they sign the letter.Each Tenant Estoppel Letter states the attached copy of the tenant lease is accurate and was signed by the tenant, there are no other written or verbal agreements, the tenant has paid rent through a certain date, and there is no prepaid rent other than the current month.

The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."

Buildium's 3rd party will issue the 1099 to the PM company.

@Edward James smith theres a great meetup at The Black Diamond in Spokane Valley, third Tuesday of every month at 6:30pm. https://reinetworking.com/Reach out anytime, I work with a lot of investors in the area and would be happy to discuss ideas.

Signage is wonderful, but a sign isn't a legally enforceable contract between parties.

I had a freind who partnered with someone in a similar situation, and they were able to acquire their third property much quicker than going solo.There's also the BRRRR strategy...

A property allowing one-night stays may be more prone to fraternity parties and similar.

Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA.

I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.  

I've self-financed deals my deals, financed them with a HELOC and used third party lenders as well.