Whites, grays, neturals are safe bets.

It seems like the people in your situation probably were not totally honest with their lenders, which people do at times.

I've been around BP for years and I don't totally follow how they can say "BP's advice".

I'm not totally sure what was decided between you and the two tenants who want to stay (it sounds like) one extra week into Oct. 

My total bill last month was $2800 which put's me on track thus far for over 33k per year not including tax returns.I should disclose that I have another business that keeps me traveling pretty much half the year.Our Real Estate business operation looks like this:Property manager handles tenants and collects rents, he deposits all rents into our accounts and coordinates the rent roll with bookkeeping, they cut him a check for his gross collected rent management fee, bank statements are automatically sent to CPA's office for them to reconcile against business credit card statements, they also handle 95% of day to day financial operations from there to include paying contractors, setting up utilities, paying company bills ,bank deposits etc. for 4 and now 5 entities with the short term rental llc.We have a initial goal of 100 doors so I it's pretty easy to see this cost jumping significanly in the not so distant future.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The school tax alone for the property mentioned above is $9.2K and the general taxes are $5.1K so $14.2K total - this is for a 6000 sq ft lot with 1200 living space.

Keep in mind that as a married couple, you can hold a total of 20 properties in your name (10 in yours, 10 in your husbands). 

The stats are: -5 stories totaling 20,000 square feet above ground, plus a full basement which is partial commercial space and partial tenant storage/utilities-First floor commercial space is around 2300 square feet with an additional 1500 in the basement, 12' ceilings in the first floor-14 residential units above, most have private balconies or decks, elevator, bike storage, mail room.