A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

That same day (after the closing) I realized there are major misunderstandings between me and the contractor ($10,000 worth of misunderstandings).

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

The “effective rate in the amortization schedule starts to balance out”This is a misunderstanding of time value of money and amortization.  

Maybe I'm misunderstanding.

There maybe some misunderstanding, being a short term rental property owner that will be self managing the daily operations, I’ve learned that in this scenario I would need to count at least some of the time spent setting up the property to pass one of the material participation tests.

I feel like I am misunderstanding that

Am I misunderstanding where appraisers get this information, and if I actually can use Rentometer to dispute the rental analysis?  

The listing agent has no obligation to present oral offers and if she does there are many elements that would not be addressed thus creating confusion and misunderstanding.

I might be misunderstanding what you mean by that though.