My understanding is that the building will rent this out for you and take a percentage.

There is no real estate involved; they are on a lease.My bank is currently looking at how much they can give us for a cash out refi of our rental condos, but we are trying to investigate all options.Thanks for any advice. 

I can't even understand how they would know.  

@Roger Mace I don't understand what your asking, who's "high" in this scenario??? 

The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.

I understand that for some reason you want to self manage.

A good PM has a solid agreement that is easy to understand and time-tested.3.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Understanding your “why” can help refine your strategy.I’d also encourage you to keep an open mind toward single-family properties.

You also need to understand the vintage of their deals.