Likewise, a property manager should be added to a landlord's policy.From my blog: What does it mean to add your property manager as an additional insured?

I'm surprised you can find a manager for 15%.

Quality tenants and quality management are key parts of your success.

And knowing a thing or 2, I'm gonna assume you are good at the details, and at managing paralegal team. 

The other 2 duplexes I have purchased have had no issues.Larry and Josh were working with me as well for 2 years then they just handed over the communication to management company and vanished once 2 or 3 year mark hit.

I've been doing revenue management for over 10 years now (hotels and STRs).

More than likely the asset will in a location where cap ex & management/operational costs are disproportionately higher and therefore your expense ratio will also have to be adjusted to a higher number.  

During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure? 

Our account manager, Maria Barnes, responded quickly to our questions.

(August 4, 2022 )ITMedia Solutions LLC (January 6, 2022 )Moneta Management Inc.