He stopped me and said what I was proposing was too complicated for what I was trying to do.

The risk, and costs of liability and casualty insurance is one of the joys of property ownership.Two million is standard in commercial contracts that I deal with in Arizona.However, you as owner can ask the management company for Errors and Omissions coverage and employee dishonesty coverage if they are handling your funds, I would suggest you provide the proposed management agreement's insurance provisions to your insurance carrier for their review.

Plus...and this is huge...companies that use DS contracts get 30% more of their proposals/contracts signed.

After hearing our proposal, he decided to fund anything we did.

They recently passed legislation meant to clean this up.

I may be taking you up on that bouncing proposal you mentioned.

I mentioned in the other post that I am NOT trying to circumvent the legislation, rather the opposite - get in full compliance.

It's not until legislative restrictions and practical limits come into play that we realize some things are just plain next to impossible to do.

The Maryland house of representatives has proposed house bill 315 that limits rent increases to 5% and limits your rights to remove a tenant to 11 "Just Cause" reasons.

Here are the Pros I have thought up so far to pitch: Interest earning aspectCash down up frontshort term - say 3-5 year balloon for example higher offering price compared to short sale offerclauses in contract pertaining to non payment etcAnyway, if you guys and gals can offer other ideas for a proposal to the seller that would be great.