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.

An email marketing funnel for re-booking is nice, but it's barely keeping up with the year over year decline in rents due to saturation (quantity saturation AND quality saturation) and shifting travel trends.  20 years ago your hot tub made your listing an all-star. 

It's nice to meet you. 

Think of yourself living in the rooms, not for style, but is there enough space (ie don't buy a place with lots of tiny rooms).

Nicholas very nice thoughts..welcome to Bigger Pockets!!

If you or  anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.If I can answer any questions I will do my best.     

Our mortgage agent suggested to buy as an investment and then refinance, but is not a good idea since we cannot take cash out (we don't have enough for the 25%).We thought of sending an offer contingent on one of the units being vacant, but the seller doesn't want to put that into written. 

It will be the only ranch-style triplex in the area that I know of.

Very nice, Juan!

Its similar to someone who has written the debt off the books.