Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate. 

I HIGHLY recommend you have a conversation with an attorney. 

Interesting I thought, that they have that high of a rating.

Promising a high payback percentage plus a point for each month it’s not paid.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

While I’ve considered cash-out refinancing or HELOCs, the high rates make these options less appealing.I’m debating between using cash to acquire more SFRs or diversifying into mixed-use retail properties.

you live and die by your sub contractor relationships.. this is the key in my mind.

Past performance is no indication of future returns.EDIT - Ok so I just did a quick scan of the greater Tacoma area and right now you valuation seems high at 1.4m.

He tells you to pay him $5,000 (or much more) to learn all the "secrets" that made him wealth, but then he doesn't tell you that his "secret" was to increase earnings, reduce expenses, save up and invest.

The overhead to start a company is low, but the cost to scale is high.