The moral of the story is: if your gut tells you your PM isn't doing his job, pay attention!

We are new to the real estate industry but we are building a family owned business to earn an honest living while being able to provide and instill good ethics and morals into our children.

Keep in mind @Mario Morales that they take premiums, invest them so there is a profit component on invested returns, and hence amplifies how far the $ can spread on payouts. less than stellar returns and expanding claims, yes, rising premiums is a certainty. 

I know at NW we are all licensed agents and that does make a difference because we have access to resources some wholesalers we don't have and of course, litigation.... we not only want to operate ethically and morally, but there are real consequences to not. 

Consider your shared vision, financial goals, values, morals, ethical alignment, and personality types. 2) You likely don’t want someone with your same skills.

I wonder if that is legal or not or at the very least not ethical or moral..

You as the landlord have legally and morally obligations, but they as the tenants also have specific obligations.

@Mario Morales, a few thoughts:1.

@Brandon WongHello, I put together a spreadsheet model a while ago for calculating IRRs on rental investments, as an attempt to capture comparable returns by discounting future cash flows (in REI you also hear about cash-on-cash, which is typically at a point in time), and it sounded like you are having a related predicament.

My coaches never taught us to treat people that way, nor would I either way because I morally know better.