You want someone watching your back here.

@Kayla M. sadly as other have said, often out of state investors are paying more than is worth, and it can be tough to get back out of a deal.

The investors can get back to whole, it’ll just take time.  

However I think you have laid out a more in-depth understanding of these traits than CM even has.     

I can always go back to our attorney and ask for clarification on the language, but following your thinking, this is what I'm coming up with.Days 6 - 10 would be $1550 * 18% = $279 / 365 = $0.76 per day. 

I have to take a step back and realize how blessed I am.

When I made some changes to the property and put it back on the market about 15 months later for double what I paid, it was under contract in 48 hours.

When valuing the property, focus on its net operating income (NOI) and use a cap rate that reflects Section 8’s stable, government-backed rents.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Seriously, looking back, my life is full of numerous examples of things that were labeled as impossible, or impractical, but I somehow managed to pull them off.