So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.

Not being able to rent out units usually just means the price is too high for the market. 

It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.

Ok, but I mean is it against the rules?

Which means that most people are kicking the can down the road only to find out later that it's turned into a 55 gallon drum.

TBH I don't know whether that means I have the right to expire this lease or they're completely responsible for all expenses.I like my tenants, they're always paying on time & communicative.

Well, I mean they're just saying you can rent it out as is, not that you necessarily should...

That would mean splitting the sale proceeds.

Does that mean that education doesn't work too and is a bigger scam that what you are making this out to be?