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.

What is frustrating is that hard money lenders are becoming just like banks with their processes as well. 

I am going to visit Anna-Michelle as well while I'm there. 

Simple solution: Inform them that unfortunately you can’t accept ESA letters without being able to verify the validity of the letter by speaking with the local licensed mental health professional who prescribed them their ESA, so that you can verify that they have a legitimate disability requiring an ESA as well as that whoever prescribed it to them is a real licensed mental health professional who has an ongoing relationship with them beyond just receiving a one-time payment to “prescribe” the ESA. 

Complex Contracts: It’s crucial to have clear agreements in place to avoid misunderstandings.Watch out for vague contracts, high option fees that seem unjustified, and properties that aren’t well-maintained during the rental period.

Just had notice of one that was invalidated because the tax records were never updated when transfer deeds were filed.

I'm now taking out cash and funding the rest of the fix up, as well as going to gain significant cash flow.

As well as another property in Santa Clara Co, a great duplex. 

Aggieland is home to me as well.

Hi Everyone I have a client who is interested in buying land and building a residential home as well as a large out outbuilding to start a mechanical shop.