it does allow you to repair things outside of the home to a limit. 

With the limited resources you have, you want the first investment to not only be a learning experience but to succeed.

Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

It's also listed as just one fee with no limit on the number or size of pets.

The Section 8 move in phase of your rentals is critical. 

.- The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

Just for going forward be more diligent with vetting.The fact you're open to this constructive criticism tells me you'll figure this out.

They’ll be your eyes and ears on the ground.Research is also critical.