But there are some basic bid issues owners are often unreasonable about:1) There really isn't time to get multiple bids- No heat during winter or ac during summer can often result in a municipal ticket or worse2) The job is too small to get bids- Estimated cost is $700 - how is saving 5-10% worth the time getting bids?

So, if you’re ready to roll up your sleeves and dive into the world of real estate, the BRRRR strategy might just be your ticket to success.

Do you have a sports team you follow with season tickets? 

With current interest rates, and they are at least 1% higher with potentially additional points for non owner occupied property, it is hard to find properties that will allow for positive cash flow after paying the mortgage, if you are looking for money for the down payment from a private lender, those are normally at higher than market and I am not sure it would be possible to pay it off.... please remember you need to take into account that you may not have a tenant for a certain amount of time, a tenant may stop paying rent, or you will have a big ticket item to fix, so I would wait if I were you and save to have enough for the down payment and closing costs and perhaps some money set aside for repairs. you also want to make sure that you have your own emergency fund outside of the money needed for the investment property because life happens ....

The owner also needs to save for big ticket items that may need to be replaced every 10 or 20 years such as AC, hot water heater, furnace, roof.  

.- Tenant takes care of most of the fixes and repairs for the property, except for large ticket items that should have been taken care of before the tenant occupied the property.

There are definitely some hiccups with it being a small company, but I do have to say that their response time on tickets is really fast.  

That brings me to five, two great ways you can make lasting connections this year - Momentum 2025 cohort starts in February, this is an 8-week virtual summit with weekly meetings and what I'm most excited about is that when you get a ticket to Momentum, you'll have the opportunity to join small accountability groups with others from Momentum.

A PMC cannot risk a ticket or lawsuit because an owner takes too long to approve an emergency.You do have the right to be frustrated that you weren't informed about the repair as it was being done.Suggest you discuss with your PMC and see what they say. 

Your next move needs to be a plane ticket to Memphis as soon as possible to find out what is happening.