However, if the answer is simply trying to save money by not paying their commission, or by going directly to the builder's salesperson, then tread carefully.

Tread lightly and do your research!

I found Texas to have some of the most convoluted homestead laws and so had to tread carefully in making requirements for title insurance. 

Tread very carefully.

I also don't want any big repercussions from firing him either so I want to tread carefully.I'll definitely transfer to new management, I'm just not sure if I should have contractors finish the rehab separately and then transfer that into the management company as well.

Hi @Guy Idan, like others in this tread said, is important that you "vet" the Syndicator (aka sponsor) - every component of the syndication is important (the property location and the local economic drivers, property class, the loan type, property management company, the sponsor, etc.) but I would say this is more as a bet on the jockey than on the horse.

Interesting tread with lots of great thoughts and ideas.I manage multiple multi-family "C" properties in Chandler, Mesa, and Apache Junction AZ.

The guy who quoted 70K said that I should tread lightly because he sees many issues throughout the home potentially.

I would tread cautiously on this.

Tread cautiously....