If it's a standard step down, you may take a big hit on points.

Offer to intern, find a way to get involved.3rd - If you find a deal, you can then find financing! 

I suppose here is a good time to ask you all, the “more expert than me-s” in the thread: on a scale of “5% return standard deviation bond market” to “15% return standard deviation stock market”, where would you put the unleveraged, post expense rental income of a well managed (aye, there’s the rub) SFH portfolio?

They were not terrible, some people would call them C minus, and it wasn't even that much about financial considerations at the time (appreciation was not a thing back then in Milwaukee) but just not what I wanted to own or manage, so I sold them to them tenants - after quite a bit of financial coaching to get them to qualify for a loan.My standard advice is always to buy the best quality property you can afford.

I'm a big fan of value-add opportunities, whether it's buying something currently undervalued & fixing it up to my standards, or buying something that has additional income opportunities that have yet to be incorporated. 

It seems like the standard worry is that your place could get trashed but lower-income renters, have you/those you know had good experiences?

That seems like an expensive roof - does it need to be completely torn up and rebuilt to hurricane standards?

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?

I am happy with them, I think they bring up value to investors, still I believe many of their deals don't meet my standards ( do your own diligence and run your numbers!).