I am trying to speak to the PMC (on email because I know it'll turn into a huge argument over the phone) because I have gathered information that one of the recent charges was for a repair that was well above the limit set in our agreement for a non emergency repair - they now (not surprisingly) claim it WAS an emergency repair.

I will only ever file an insurance claim on a property that has a catastrophic event.

More specifically this investor, who had $120,000 cash on hand wanted my opinion on whether he should fund the acquisition and renovation and complete one home at a time or use financing for the acquisition and renovation and by his estimation complete up to three properties at a time (with reasonable reserves) then refinance the properties upon completion to complete the BRRRR process.

claim a full loss (huge tax write off) year one and then make them into an appreciating asset.

Many non-paying U-Haul tenants later, I had to completely accept that Bank of America didn’t care what was occurring with my family.

There is an initial 350 training fee, but you get fully refunded upon completion of basic training (6 hourly meetings over 6 weeks I believe) and upon first closing.  

It is going to be a complete gut, rewire, plumb, etc.  

This is a complete remodel with updated windows and mechanicals within the last 5 years. 

Unless this is an opportunity where you are going to come out with a robust knowledge base and the investor will be a complete open bookd i don't see why you would do this.

Then once the building is completed and rented out I can pull all the money after the construction loan and pay myself back.