Hello everyone,I have reviewed a CAR property management contract with a company and they have 5% written in the line that states “ an overhead and service fee added to the cost of all work performed by, or at the direction of,  property manager”.

Ha, yeah that had always been my concern but some of the suggestions on here seem valid about strict rules and regulations on the leases, and I would be providing housing at 20% to 30% cheaper than anyone else could find of they wanted a studio to themselves.

I would suggest to look at a refi 6 months before the loan matures or seeing if you can extend with your current lender.

There are a few submarkets/neighborhoods I’d suggest targeting for this in San Antonio.But generally speaking, I think you’re wise to look here.

There are a few important parts, like up front PMI/monthly PMI/underwriting guidelines that are worth reviewing. 

Any suggestions/insight would be great!

Unless it is at rough in stage it will be compromised unless this has no interior walls, what's the rest of the story and why does it need overlayed( which is what you are suggesting) or removal which has issues of its own with load walls unless all interior walls, cabinets etc are gone. sounds like a raw deal with water issues or structural issues?

And I did not catch it until reviewing monthly bank statements, which is why is he now in arears.

We purchased our home during covid and we have a chunk in equity, which we do not want to tap into. If we were to sell, we're looking 1.2-1.5mil.Our situation is we want to purchase another property for my parents to ...

Primary areas I am looking at (if that makes a difference) is Glendale, Goodyear, Avondale, Peoria, or Surprise.Any suggestions or recommendations for a real estate attorney that works primarily with residential?