The difference is $4k that we could put into savings, or pay down our HELOC.

Quote from @Jaycee Greene: Quote from @William Taylor: Hey there BiggerPockets members, I'm an upcoming agent practicing running numbers on different duplexes and investment properties I'm seeing on the market, here to share another report I'm working on for feedback.

Each Prop mgr will be different but yes, mine would handle all of those things that you would need.

I personally try to avoid extroverts because they are often incompetent and irritating.There's a difference between being an extrovert and being charismatic.

If they are, I would pay them off first.I would invest in a different market(likely bigger market) where you can find reliable contractors or find a PM that will be able to manage the properties.

You may have to do this several times for all the different tasks being done.The only labor cost not covered by this type of online inquiry is drive time from the businessto the property, to the store & back for supplies and then back to the business address.

As you mention big difference between fraud and a bad investment.

The Fannie and Freddie programs handle this issue slightly differently.

Depending on where exactly the property is located they may have some different rules/laws in place.

Needless to say we were pretty disappointed, so shortly after that another student reached out to us and told us that Ryan and Tyler had agreed to sponsor them 4 different times and backed out of each one causing the students to lose earnest money.