I don’t think it’s a good idea to try to have each take care of it as a shared responsibility, just to many issues and disputes.

Neighbor/tenant parking disputes and the city complaining about too much trash not in the bin on trash day.

I had a neighbor who recently went through a huge dispute with his water company (PA American Water in Yardley). 

In January, I made a new years resolution to own two rental properties in 2016.

They are very informative and have only strengthened my desire to expand my real estate portfolio.Like many of you who have posted in the thread, one of my New Years Resolutions is to be a more active member here on BP and as such have upgraded my membership to PRO.As I am based in Toronto Canada, I'm interested in becoming part of the community and learning as much as I can that I can implement in my own business here in Canada as there are some differences between the US and Canada.Looking forward to connecting with many of you over the coming weeks and months ahead.

I believe if you had it appraised and were to dispute the appraisers value then they would have to consider your appraisal.

They are just connecting us with the seller and we handle the negotiations, value dispute with the bank etc and if we close they collect the commission.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Has anybody else come accross this and found a resolution?

Even if the owner was on the hook for a commission it would either complicate the deal and the owner would look to you to "help" with the resolution now that you are "committed" to the deal or the PM might just drag you into court with the owner to get everyone "on board".