Some of them also OWN the maintenance company and profit off that as well.Have an in-depth conversation with the PMC to get to the bottom of this.BTW: we are constantly posting that owners need to ask MORE questions about how a PMC executes their services!

I was getting ready to create a post (and still will) about my DSCR program.

@Ulyana Opolska you could have posted that!

@Jesse Edwards, I was just thinking, based on your original post, you should be talking with the building department to understand if there are any nuances in your jurisdiction.  

Originally posted by @Catherine Coy:I'm listening to one of his webinars now. 

Taking the deal as you described it could be what they want and to that, I would wonder why they haven't taken the cash offer.  

From the looks of your post, you want just a nice, 3 bedroom condo that you can rent out someday.

You are already doing the right thing by posting here on BP. 

Based on what you're describing, I think your going-in criteria is definitely something that is strong *however* your goals may not match what current market reality is.When you say $3200/month payment - do you mean $3200/month before or after accounting for potential future rental income from your tenants in the other units? 

Hey there - this is my first post and all.