personally, after looking at as much information as I could, I was uneasy and ceased communications. however, if your client does decide to move forward, please keep us up-to-date on how it goes. 

@Paige Seeley - If I am understanding the hart of your post correctly, you are balancing the decision to put more money down, in order to have better cashflow, vs going with a lower down payment (keeping cash in your control) but having a higher monthly payment. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

If it’s possible for me to keep 2 of the townhomes, I absolutely would.

I agree with you that I think it could be useful, but keep in mind that experienced landlords have turnover crews so your focus would be on new investors and I would construction cleanup which a lot of contractors don't do well.

Once again, I appreciate your reply and I will keep learning. 

Hi, I am bit of confused between selling or keeping as long term rental regarding a property that I own in Seattle area.

If you plan to keep this loan for the full length of the term and don't plan on refinancing again, it may make sense to get a 30 year fixed note.

Buy props for rentals and keep? 

Hi @Kevin Kim, your post did not mention if you asked the powers that be (lol) if you could keep the one pole, and simply have them install a separate meter for each building.On multi-family property, we have installed multi-meter boxes with external disconnects as per the electrical code in PA.