Did I misunderstand?

Maybe I'm misunderstanding what could be illegal about ending my relationship with my current PM company and self-managing and hiring a "contractor" (my Realtor) to help find/place tenants and write up the leases.3) How it works with this PM company is when they find a tenant and I approve, and we get them signed on a lease, they pocket 100% of my first month's rent as a "finders fee" for placing the tenant.

Just wanted to clarify if there was a misunderstanding.

Hi Lincoln, I may be misunderstanding, but maybe what the insurance agent is referring to is recommending that your tenants obtain renters insurance... the lender will require property insurance.

I contacted the entire Board and the Superintendant, whom I am acquainted with, in addition to 3 other administration employees and it was all spelled out; no misunderstanding possible.

I have messaged Ben about this mis understanding.

The other consideration is that a well thought out and discussed agreement could save a relationship that might be damaged by a misunderstanding.

Maybe I'm misunderstanding the situation, but I don't see how selling on seller financing for say $100K then immediately selling to a note buyer at $100K is advantageous.

It's a common misunderstanding.  

At a minimum - the "new tenants" should sign a lease with you explaining everything (the new relationship) so there is no "misunderstanding".