FWIW, we have been breaking even on those properties more or less over the past decade.

The PM sell it to the tenant as a service, but these are things the PM should be doing anyway, like fixing stuff and being avail when things break. 

When I asked them to break the contract, I loose property management credit as well.

I hope you're able to make lots of connections to get that break through so you can create your vision in real estate.One thing I may recommend, if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey.

You forced me to break my rule about BP posts.

If so she has to refinance for it to be clean break and that it sees is your main issue.   

All who have been in a while have taken jabs and body blows along the way.

It's no surprise that House hacking is one of the best ways to break into real estate.

#Truth is many people do partnerships like this that do not meet the howey test, and nothing happens until the deal goes bad, then when it does it really does not matter if you met it or not, as once a lawsuit is filed all hell breaks lose.Not advice or recommending to break laws - just sharing what I have seen others operate.

You forced me to break my rule about BP posts.