It's incredibly hard to recover an EMD from a builder.Agreed.Typical EMD reimbursement with resale real estate is mediated/decided by the title company, and theoretically unbiased.

Hard lenders find renovations on a draw schedule so you'll need to front some of the rehab costs and then submit to the lender for reimbursement.

Especially if you can expense your work stays to your own Hyatt credit card and get reimbursed.

You have to complete the first phase then they reimburse you 20k once it is complete.

That is one of the only fees you will not get reimbursed for if the owner pays before the 30 days is up, but for a first foreclosure, it is worth the cost.

I manage the property, and receive a market-rate property management fee, and reimbursement for my time spent on the project, split 50/50 between myself and the investor (they only pay half my time/expenses, because I'm the other partner..)

Would you have them pre-pay in advance for remaining balance before moving out then reimburse if necessary?

In my experience, when it comes to utilities, you want to focus on two priorities: 1) preserving as much financial incentive as possible for each tenant to conserve water, gas, and electricity, and 2) full transparency in the lease.When I know tenants will be sharing a meter, I keep the utility bills in my name and then spell out the reimbursement process clearly in the lease.

You do have to start the project with your own money, but they will reimburse you each time you show them the completed work.

Or can I make the payment myself and she reimburse me (which is much, much more convenient when many expenses are involved).