Of course, your "L" and his "L" probably stand for different names, but they are easy to remember nonetheless. 

@Richard Bautista could be legitimate, but could also be a "churn & burn" situation.How will you know the difference - before it's too late?

We are splitting up capital contributions at 50%, but see having different involvements in the repair process.

Also on my rents I have all my amounts set different so that I know which unit it is. 1 may be 600.00 and the other 1 will be 601.00.

Next, and again my current experience is in a different industry but one that's a highly dependent on Google reviews and ratings, I've found that there's always a break-even point where "paying someone off" doesn't provide enough of a return on the payoff. 

But my point is, each market and submarket will have differing needs.  

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

However, while I was still getting contractor bids for different projects, I found 3 different companies that are quick (based off of their contracts and guarantees) and have good quality of work (based off of previous and current investor feedback) but come at the cost of price.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

No different than if the mortgage amount was more than anticipatedThe assumption here is your purchase price was going to pay off the mortgage and the other liens - If not you don’t cancel closing you let them cancel it because they cannot bring funds to closing