If the TK company and the PM company is the same, then I would make a clean break.

I bought a used fridge from a new appliance retailer as a cleaned out takeaway from a new appliance delivery for $200 (DC metro area) and am happy with my decision.

He ended up taking money from clients and I spent about $250,000 out of pocket cleaning up the mess.I have the fortune to have made millions of dollars and have always been action oriented and willing to test out new partnerships.

The house is in good shape with no issues, new to newish everything else, clean and all that.

But then again also looks like cal fire is cleaning it all up and cutting down the Burnt trees all the way to the road line.

It always kills me to see investors complain about spend an extra few hundred dollars each year to maintain a property and keep a good tenant happy, then watch them leave, lose a good tenant, and then their home starts killing them with problems because they didn't want to clean the gutters or inspect the home periodically.GC's are a different story.

We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

Cleaning fees?

I have bank records that show the routine deposits from each rental, I have tax docs that prove the income for the one property, I have lease agreements (though one is coming due), I have reserves built up... so I really think I have my bases covered.  

So me and my husband need to do some cleaning.. before putting it into market for rentals.