My opinion is ultimately the PM company should be held liable to make sure this vendor gets paid.The PM agreement states: (21) hire contractors to repair, maintain, redecorate, or alter the Property provided that Broker does not expend more than $ for any single repair, maintenance item, redecoration, or alteration without Owner’s consent; Leasing & Management Agreement concerning: (TAR-2201) 6-1-10 Initialed for Identification by: Broker/Associate and Owner , Page 3 of 11 (22) hire contractors to make emergency repairs to the Property without regard to the expense limitation in Paragraph 4A(21) that Broker determines are necessary to protect the Property or the health or safety of an ordinary tenant;3) Should/Could the vendor file a mechanics lien at this point?

The only things that don't show are the back-due real estate taxes (step #2 above), back due utilities, and any possible lien that hasn't been filed but there is a statute of limitations on those (think mechanics lien).I hope this helps. 

The purchase is said to be made subject to the underlying financing, hence the name.You can search for forum and blog posts on "subject-to" (or "subject to" or "sub2") using the BiggerPockets search icon (the "magnifying glass") at the top right of every page.For the record, the exact mechanics of Sub2 vary from state to state.

I okayed this appointment to avoid any sort of mechanic’s lien or legal action.The property is located in North Carolina.Thank you in advance.

Hello Everyone,I'm a Aircraft Mechanic working at TPA in Tampa,Fl.

It would depend on the individual property too if it's something that has all older mechanicals and roof, you would probably want to factor that in.

Don't forget to look at mechanicals - they aren't sexy but a new hwh or furnace is a selling point. 

The "market mechanism" and whatnot.

In addition, the loan does not have to be repaid until the borrower no longer occupies the property.home equity line of creditA mortgage loan, usually in second position, that allows the borrower to obtain cash drawn against the equity of his home, up to a predetermined amount.home inspectionA thorough inspection by a professional that evaluates the structural and mechanical condition of a property.

May also consider a mechanical meter in case I am ever concerned who is using all the water.If you are looking for resources on how to charge it back look at the MN AG Landlord/tenant handbook.