Communication is HUGE. - Being straightforward and honest is extremely helpful when managing tenants.

And it's not just about the communication, it's about changing the move In date and being able to pay.

Communication: - How do you communicate with property owners regarding updates or issues?

Maintain transparency by clearly outlining loan terms, interest rates, and repayment schedules, and ensure consistent communication throughout the lending process.

It is unfortunate that you are in this position and it sounds like you have had very little to no communication from your representation or lender. 

Your lender, who provides the funds, will have their own borrower criteria, which they should communicate to you.

And of course they are paid to go pick up materials, or that is factored into their bid.It all comes down to communication between you and your contractor/handyman.As an investor buddy of mine says, I don't let anyone else spend my money.

I discuss from the lease signing how I value "communication and cooperative" over trivial things like collecting a late fee.

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

Obviously the hurricane coming in could be devastating and we’re not sure what, how and when to communicate to the guests.