Would this be a letter of intent or promissory note?

Im struggling to understand why they wont give general information.

Tack onto this, legal fees, preservation, taxes paid, etc and you'll likely be over 600K total judgement.   

If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence?

Once we made our offer, we discovered the zoning is R1-6 and it's technically supposed to be Single Family.

Thanks in advance. 90% cash out doesn't exist.  90% with favorable terms really doesn't exist.Not sure how you got into this situation using hard money (usually they have a tighter lid on the numbers), but regardless, sell the property and try to get out of it before the HML gets a chance to foreclose.

At that point, I'd rather use hard money to fund the downpayment and go the conventional route - at this point at least.

I manage this.

@Michael CliffordRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Thoughts on this approach?