Can you explain further.If I ever buy a HUD home again, with utilities off I would not attempt to use conventional financing.  

I drove to the house, explained the situation to the tenants, and emphasized that we needed to locate the leak.When the utility worker arrived, he wasn’t in the best mood.

Explain the situation and offer to pay 1/2 of the expense.

Thanks for explaining.

Explain to him what is happening and your options in whatever you are dealing with.

They explained that Fannie Mae (according to an exchange with their Servicing Portfolio Manager at Fannie Mae for a similar but not an exact loan) does not allow PMI removal for improvements already included in the original loan’s scope until after a two-year seasoning period

I see far too many having effectively no co-invest once you net out the acquisition fee.David:We have the same definition of waterfall returns, so let me explain my reasoning.Ignore for a minute that many syndications have all kinds of fees, acquisition fees, construction management fees, refinance fees, disposition fees, etc, and assume that the syndicator is mostly focused on the returns they will make from the deal itself. 

I can send you a brief webbinar explaining a little better if you'd like 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

I explained to the tenant I personally didn't care how he lived but had to do this to ensure I would continue to get payments.