But the value it provides is definitely worth it.

I’ve been in the real estate game for over two decades, and I’ve had my fair share of experiences with PM companies... some stellar, others not so much.Here’s what I’d suggest:Start Local: In OC, there’s a lot of value in picking a PM company that knows the ins and outs of the area.

I'd shorten as suggested and include the value to the owner as their mind will quickly go to the pitfalls of this strategy. 

@Ludwig Koeneke There is an appraisal form type that you can order which gives both the AS IS value as well as the After Repaired Value based on the scope of work proposed that you submit. 

You've added a lot of value to my life by providing such a clear and detailed and action plan. 

It was a value add and we would potentially be able to make money in a flip How did you find this deal and how did you negotiate it?

If it was purchased cash you can do delayed financing immediately, but it would be based on your total capital invested not current appraised value. 

How did you add value to the deal?

A "professional" tenant can draw out an eviction and and strip anything of value from the home, costing you tens of thousands without batting an eye.There are stories of people living in a home for over a decade without paying a dime.

You could try explaining to your previous lender that while you value the relationship, the numbers make more sense with the new lender this time.