Currently, you can break PMCs down into 3 categories:1) Small mom & pop PMCs: Pros - one call for everything, very hands-onCons - usually very unorganized, which leads to mistakes, if they are sick you have no one to get ahold of2) Medium sized PMCsPros - organized, several backup points of contact, overall better serviceCons - things may take longer as more hands involved, stricter procedures can be frustrating3) Large PMCsPros - more data analysis for better service, more predictable servicesCons - even more hands involved, unique challenges often ignored (no process to handle them)Red flags:- Short agreement that leaves a lot open to interpretation, which usually means to their benefit- Not a lot of details shared about HOW they will execute their services, so no accountability- Tell you not to worry and trust them, when they haven't earned your trust yet- Don't have a website or owner portal- Aren't properly licensedYour biggest challenge will be screening to find a good one!

This next point is a grey area, subject to interpretation.

I interpret this as a threat and intimidation.

Hi Folks - wanted to play out a scenario and see if how Im interpreting this is accurate...- 1031 a rental property and follow rules for new investment (like kind, equal/greater value, price point, etc) - Rent for X time (to prove intent) - Move into same property and declare as primary residence at +24month mark to fulfill requirement Two questions :- At the time of declaration, do you then pay Cap gains tax on original sale or are they still kicked down the road?

Even a DST can utilize the 506(b) exemption.So if my interpretation of your question is correct, it's hard to say that one is "better" than the other because they each have a use case.  

I may have interpreted this wrong, but I believe it was Grant Cardon that said to go to the decision maker for the negotiating, then put in the offer through the realtor.

I agree with Wesley's interpretation (I'm not a lawyer, but I've googled around for answers and recently read NY Code section 7-101).  

How we interpret it is clearly different, it's literally propped up by leverage and the liquidity behind it is gone. 

To make your own determination, the Oregon state page with links to both of the ORS statutes is here: https://www.oregon.gov/CCB/licensing/Pages/whoneed...My interpretation is that if you buy a house and make improvements with the intent to sell, then you need a Residential Developer's License, even if you are hiring a GC.  

I see the numbers and I don't know how to interpret them.