I simply wanted to exit two deals to begin gaining credibility in the eyes of hard money lenders.

We are more likely to simply reduce our asking rent than offer a concession.FWIW, I did not read the attached article.

Managing properties locally is simply more efficient as I get started.I’d definitely be up for discussing this further and exploring potential synergies.

Simply look at any large apartment building.

I just read an article recently that noted "Avg Profits For Flipped Homes" of $80,000, however when you dig into the article and their sources, "Profit" is simply Sale Price - Purchase Price...so it doesn't consider renovation costs, holding costs, financing costs, etc.

EDIT: Can't delete this post, so simply editing it.

While I have not done a deal with them, their agreement requires a close timing that simply will not work with conventional lenders (usually 7 days or so).  

In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.

Simply fire them and hire someone else.

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.