In the end, people rely on internet for all sorts of things and you want that to be reliable.

An umbrella has nothing to do with those circumstances.I think some people hear umbrella and assume it's some sort of magical insurance that will protect them if anything goes wrong. 

Half the states do not even require any type of Disclosure whatsoever.But as sort of a baseline, damage that has been repaired does not need to be disclosed in most states.

I'm still looking for my first property and I have a lead, sort of.

. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

My question is… Do people promote buying rentals due to some sort of  personal benefit/conflict of interest?

Sorting through all the sub-600 FICO score applicants, dealing with nonpaying tenants who are always breaking things and more, doesn't seem to be compatible with the flat fee model.Be interested to know of any flat fee PMC's successfully making it happen with Class C & D properties/tenants...

Ultimately it was sorted because I clarified they legally had a joint responsibility to pay the total rent and there wasn't even an option for "half" the renters to pay late.

I run into them as they were looking for some sort of funding and I had my HML company in Portland going at the time..

It often takes new organizations similarly long times to get that sort of information.