If the owner - the one who is paying their PM fee - can't get a hold of them, how difficult do you think it's going to be for your tenants to get in touch with them?  

She's not a big fan.Needs to be able to generate monthly statements and annual statements for property owners showing rent revenue, managements fees taken out, and other expenses. 

By trying to make the original sale price as low as possible and the assignment fee as high as possible you are not an agent of either party.That said if it appears you are claiming to sell the property and not the contractual rights to purchase the property it might be deemed that you are acting as an unlicensed real estate agent. 

also what 30 yr fixed  rate are you considering and what are the closing costs/ loan fees  associated  with the refinance …..you might ask  for  " low cost "  rate options for the refinance  in order to keep these expenses down …...if you refinance the loan to a new  30 yr fixed in order to make it cash flow better - always keep in mind that you can  apply extra payments to the new loan to  whittle the balance down

The only issue with a condo would be the potential holding costs with HOA fees.

I used to work with whoeselles but now I just pay a few guys finders fees based on a % of the deal size (and sometimes a kicker on my exit)So maybe find a few legit investors and find them deals.

I am working with a few right now and I have signed their proposals but I really want to have them sign a contract that I can drop in the scope, schedule and proposed fees to protect BOTH of us.

I am a active agent and my fees are paid but how can I do my first deal to get my head above water faster?

@Diana Dorantes, do you mind if I ask how much JMR Holdings charges for the management fee?

@Alex Flaugher, do you also happen to have any idea what the property management fee is for either of those companies you mentioned?