Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

You've allowed him to push you around for ten months.

Your question was answered but I am curious - Why would you take out a HELOC for a six month cd? 

This project I expect to have fully complete renovation wise in 2 months and am coordinating alongside my full-time PM support. :)

@Jose Martinez if $8500 per month was your cash flow number and you have reached it then it is time to start paying down the debt. 

.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

10% in a month?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

This translates to at least $10 K a month in savings.

She said that if I pay $42,000 for the next 18 months, that she guarantees I will at least get this 42,000 back by the end of 18 months but probably much more.