Hey @Bryan Keller, regarding the insurance, if you have the right coverage like us, you get compensated for downtime.We could get up to 50k in lost revenue in addition to the repair cost.

An important feature of the S Corp is the compensation, the W2 income paid to the Shareholder, and/or his family members. 

Also ask a broker for if they do borrower paid compensation loan option for your loan.

Throughout the construction process, your contractor has the option to receive compensation (draws) either in one lump sum at the end or throughout the process. 6.

The failure to repair them is a breach of a duty of safety owed to the tenant and his guests, the failure to repair causes the fall, and the person is damaged and gets compensated for lost wages, pain and suffering, loss of future earnings, loss of quality of life, etc and they want hundreds of thousands. 

I find it very odd that the federal servicing license can be held without the RMLO, I don't think that's possible.I can certainly see where a Realtor type doing PM can get into collections of SF deals, it's a logical step, but logic doesn't always apply in RE finance and compliance matters.6 to 12 months, in mortgage history is very short, that doesn't "prove" much at all toward ability to pay, it depends on prior histories as well, credit standing, DTI ratios, current employment and expected employment continuing as well as compensating factors.I've never heard of a loan underwriter coming out of the PM business, after a few years in finance and mortgage banking I'm sure one could have a background as a property manager, it would be helpful.I'm not going to pass judgment, I'd say due diligence would be in order but not saying it wouldn't be met........

And of course the ultimate question is compensation.

@Billy Smith unfortunately, if you are requiring your PM to continue to manage your property for all of the above while not compensating them for their services, then you are correct... our interests are not aligned. 

Then you asked me to leave a review for you which is crazy because there is no review to leave expect that you passed my information on to Martel in hopes that you would receive compensation for that. 

MLS PIN settled for $3 million and to stop requiring sellers to offer buyer-broker compensation.