If you have a well-documented paper trail of problems, it would be hard to contest a non-renewal.

@Abigail Lipson there are companies that buy properties, completely renovate them, sell them to investors and property manage for those investors as well on the back end.

I am new to RE investing & BP as well. 

I'd also really appreciate any thoughts on choosing a big national bank vs. a smaller organization, as well as advice on how to filter through banking options to find a good fit. 

Also with delayed financing you can pull out your initial investment of purchase price plus closing costs, based again on appraised value as long as the LTV is supported as well. 

Sending you a dm as well!

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I bought into the program and then into the higher mentorship program as well. 

Hi Aqsa,I'm bias but then again, I've owned real estate all over and haven't found a better market for sub $100,000 than Toledo.Low entry price pointHigh cashflowEmployed tenants that pay rent onlineDecent areas with well kept homesNot much appreciation so IMO it's a strict cashflow play.If you find and buy off-market you can snag some great deals for sub $60,000 purchase and rehab.Quality of workmanship is the downside and so is motivation of other folks needed to make investing from out of state work.So beware.These are the downsides bit like with any market, you will always have pro's and con's.All the best 👍

Karen, I've talked to hundreds of investors about their experiences on both of those platforms, as well as many others.