This could turn a potential loss into positive cash flow while protecting your property’s value.

You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.

It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!

I knew nothing about renovations, home ownership, or property management, but I had a vision, determination, and a mentor in my dad.

The Vivid Vision exercise really does work - but it takes some VERY INTENTIONAL time. 

I just can't accept such a constant ever increasing loss, even if I can afford it. 

Because your second year is likely (oops, I did it again) to show a net profit instead of net loss.

When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

No doubt you'll find that next property with your locked-in vision and crystal clear criteria!  

No one has x-ray vision to see inside walls or underground, so you should have 10-20% in contingency funds just in case.