A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Fannie directly spells out that mortgage debt is different then non-mortgage debt.

Spell it out.

I would also suggest to you that you search up your state’s landlord “rules” where they spell out your responsibilities.  

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Very interested in convincing my wife to sell, can you spell it out as basic as possible so we can digest this more accurately? 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

CoStar reports the property to be 52.7% vacant, but keep in mind that this data is often inaccurate (but not enough to make a difference with vacancy that high).Figuring this set of facts spelled trouble, I went to the Harris County Recorder's grantor/grantee index and found a foreclosure deed. 

Again, anything that can spell out these details for me would be greatly appreciated.