That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

I have a contract on a house in Phoenix AZ with a value of $500,000 and a mortgage of $288,000 to be taken subto.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

That would be glorious...lol quite honestly to get a longer contract and have them turn into longer term tenants provided they are good of course.

I've seen other people in the forum who simply use independent savings accounts but it is not clear to me if that is legal.

Purchase contract should show the entire legal as platted.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

I always tell clients to take care of the hard job first - If this is a sellers market then find your property and even get it under contract before you sell your old property.  

This should clarify whether the charges align with your contract.

Slightly increased the offer to quickly go under contract, but still had inspections and everything done before completing the deal.