experience is worth far more than a couple grand a year. in 10 years you might find that PM experience valuable while you'll have long forgotten about the money. better approach: negotiate a raise in the PM job and give yourself a win/win

@Chris Pohlson I have run into the same problem as I investigate lenders as I am approaching my final conventional loan.  

Don't know when that became a thing in all businesses (crypto seems to have the leading kid coaches) but i'm curious if you have input on paying/learning and how you approached mentorship. 

Has anyone designated a group of properties as a 'retirement' community with some sort of age qualifier or is there such a thing? 

That was their initial approach - to petition the seller for a return of their EMD, but I felt that wasn’t fair as the seller didn’t do anything wrong - the bank and their realtor were at fault.I may not have mentioned this but the HOA provided all needed documentation of renter/owner ratio before the offer was submitted - bank had that paperwork from day 1 but didn’t decline based on it until the day closing was scheduled to occur.

Yes, if it was obvious those occupancy limits were designed to discriminate against a protected class, and you/your property was subject to fair housing laws.

I deal with more protection for my business since I'm a contractor but this seems a bit overkill.Carrier: ScottsdaleSix-Month Premium: $1179.5625% minimum earned premiumCoverages & Limits:Commercial Property: $125,000 Building Limit – Special Form excluding theft; $2,500 deductible; Replacement Cost Coverage; 80% CoinsuranceCommercial General Liability:$1,000,000 each occurrence; $2,000,000 aggregate limitProducts-Completed Operations Excluded; Designated Premises/Project Limitation included.Conditions: All subs must carry equal or greater limits of liability naming insured as Additional Insured, hold harmless contract in favor of insured, with Certificates of Insurance.Thank you in advance for your consideration.

It's a nice balance of firm but still approachable.

How do you approach a multiple bid scenario in a competitive market like the SF Bay Area? 

Not being concerned about cash flow is a extremely knave approach to real estate investing.