So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I would not discuss a claim unless you intend on filing it.  

Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?

Yes, but what about Eviction Fees?

I don't know their fee breakdowns, but I can send you over a few to compare fees.Preston Garcia

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

Discuss plan with Planning Zoning group.3.  

Please feel free to utilize me as a resource if you want to run through a deal or discuss any of the national or local wholesalers out there. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

We are discussing this with Jeff Armstrong on our next show.