Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Apply the same late fee if necessary and pause the services if they don't perform.Depending on how you drew up your lease, I've started explicitly stating how payments will be applied (chronologically) so that in your situation, you would be able to apply the next month's rent against the outstanding utility bill and the utility late fee.

I am planning on buying it through my self directed IRA with a non-recourse loan. 5.5% interest rate, 5/1 interest only ARM, 30 year term with prepayment penalty first 36 months.I will have property management for day to day as required by SDIRA. 

Books will give you 80% of what you need/want to know, then you can come to the forums armed with questions to refine your knowledge as you go/grow.1.

Sometimes the borrower voluntarily refinances a loan because there are favorable conditions and terms they could benefit from and sometimes the borrower refinances because they have to... such as when you have to get out of a hardmoney loan post rahab or if you have some flavor of an ARM or balloon loan that matures or becomes due.A cashout refinance is often contingent on the amount of equity in the property.

Given the fed’s plan to raise interest rates, I would focus on using this HELOC in a short term scenario like a BRRRR or flip where I could pay it back with a sale or refi, because I don’t want to have too much variable debt right now as most HELOCs are ARMs that track at some margin above prime rate.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

ARM?

In many places it is explicitly illegal for you to hire an unlicensed person and transfer your liability to them.