I think it also locked him into using the PM for add on lines of business like using their repair services or something similar.This shows that you value the owner's business, but you want them to show loyalty in exchange for holding them in place. 

I want to lock the property under contract then wholesale it to a serious investor.I want to make sure I use a valid purchasing agreement and assignment contract.

Put the card on lock mode by the app & leave it at home.

Most people spend 5 minutes locking the deal up, and another 20 minutes talking, ultimately losing the deal.  

If not, I don't think the cost of having a lawyer draft/review these documents are worth the benefits of locking up this one tenant (unless he or she is willing to pay a lot more). 

As others have mentioned your FICO will pop back up after you repay it... but what if a really good deal comes along during those 18months and you have to lock in higher interest rates for a 30 year loan b/c your % credit utilization was too high. 

I also understand that it might be a case of the city simply saying "no," and 'Id have to consider a plan B.If anyone has a contractor to recommend, or is a contractor themselves, I'm all ears. 

im fairly sure yoh can change locks on a tenant that isnt paying. thats how storage units end up auctioning off units. just be careful if thats your path as the garage is right next to your primary residence. if its not a large sun, i would change locks and tell him he can have everything back when he comes with someone to clean out the garage.

I invest locally and just keep my ear open.

I'll be making 55k/year locked in for two years.