We get angry responses all the time because NO ONE READS anymore.

If he uses the HELOC responsibly, he'll be able to serially buy performing hard assets and eventually get to the point where the monthly cash flow will provide future down payments.6.

Every example listed above this response referenced rental amounts of at least $2,000.When it comes to managing Class B properties/tenants, the flat fee model can still work, but issues with services start to appear.We've not seen a flat fee PMC effectively manage Class C or D properties/tenants here in Metro Detroit.

Blue Gate Capital is the most unprofessional lending company I have dealt with, and your response to customer posts is ridiculous.

Thank you for your response Michael.

It is not your responsibility to house this person's items indefinitely in your rental. 

If they say "No" then ask them to support that with documentation to avoid a boiler plate response. 

I am making completely passive cash, while also seeing the value of my portfolio increase with no headaches or management responsibilities that usually come from SFR ownership.

If they fail to comply, you may need to involve legal counsel or contact your state’s real estate commission.Hire a Reliable Manager: Finding a professional, responsive property manager is key.

I’ll keep you posted on his response.