Quote from @Chris Shon:Thanks for the detailed response!

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.

Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Anyone extra cautious with these types of investments right now?  

If you have extra cash at the end of the month, then do double up payments on the mortgages so the principle is reduced and this will increase your heloc room.

Seems like a lot of the negative comments and reviews are related to bookings, advertising, extra fees, etc.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.

HELOC: The Best Tool for Smart InvestorsWhy It Works:Pay interest only when you use it.Got extra cash?