I also think you have a misunderstanding of amortization when you question why you pay so much interest initially.  

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I'm sorry for the misunderstanding.

I could be misunderstanding how this deal was structured, but wouldn't the seller who is on the underlying mortgage have an incentive not to let it go into foreclosure since their credit is at stake?

Am I misunderstanding the system of using private money, do I still need to fund down payments?

I can see the misunderstanding here, but I still don't think the strategy will bear fruit over time.

It is important to have a document which spells out the type of wood to burn which is signed so that there can be no misunderstandings.  

If I'm wrong and misunderstand your question then just forget about what I'm saying and move on, no offense.   

Proactive updates can prevent misunderstandings and build trust.By balancing the needs of these three stakeholders,  a harmonious ecosystem can be created where all parties feel valued and invested in the success of the property.In summary:Property management isn’t just about collecting rent or fixing issues—it’s about creating value for everyone involved.