I'm rereading the book to stay on track.

I'll reread the above posts to see if I missed something as I'm just commenting on this one, thus far.

Holding the property as a rental was only your plan B and this deal is a good case study for the difference in flip and hold investing.I reread your original post and I just realized you were going to purchase as a second home to buy during the owner occupant only buying period and that's why you said you can't make rental income until after a year.

Re-read my post.

The re-reading will be beneficial after you've had some experience.

I keep re-reading the BiggerPockets Ultimate Beginner's Guide, haven't tried the podcast yet and will look into the two great reads.Thank you very much for the reminder that I don't have to be an own a property to control it.

After rereading it after I talked with them I kind of had that same feeling that you appear to have which is the customer would probably have to sue them to try to get the money. 

This is my first year with this property management company so I couldn't remember, but I just re-read it and the tenants must give 30-days written notice of moving out, otherwise the lease goes month to month.

After listening to almost all 52 BP podcasts, I decided to re-read the Four Hour Workweek recently, given that so many guests are raving about it as their favorite business book.

Also, if you're actively licensed and practicing in any way, shape, or form, you're acting as a real estate agent.I had no idea of this rule and makes me want to go back and re-read the TREC Rules line by line again.