You MAY have a couple of options.

If it is a residential property, agents typically use the TREC one to four residential contract.

This is not typical in the HELOC space.

These forums are typically more interactive and focused on discussions rather than long-form posts.Thanks for understanding!

I think it really helps to have a third one in the same area because when you cluster you have options just in case.

They have now stopped repling to our commications since I told them that they would not have the option of extending their lease at the end of the six month term [option to extend was contingent on 6 on time monthly payments].

I'm weighing the options between renting to a Section 8 tenant or a traditional renter.My goal is to rent the property for $1,100 to $1,200 per month.

Lastly, when i try and call them to speak to my property manager 99% of the time I wind up having to submit a note in their portal and wait for a call back.As to to the new garage door that will be installed by the tenant, I wish they would be more involved, giving the tenant some options of companies to call, and to walk them through the repair process.Am i wrong in any of these thoughts or concerns about my current PM---or---do i need to let the property manager do their thing and learn to take a step back?

That's a typical scenario and could cost you $10,000 - $15,000 so that would be a good starting point for your reserve.But there's more!

This InvestorLift requires an upfront $5k non refundable and looks to me like there is no option for inspections....curious what others take on this site is.Thank you in advance, I'm fully committed and learning daily...love this site and it's members