One these folks get going and have something to protect then they should spend the money on these things.. their funds would be better served used to find and close their deals

It sounds like you are not responsible, per the contract, but paying for it will say a lot about your character and will only serve to add to your great reputation.

The only thing that I ever received was in Excel document containing expenses and deposits.Fast forward to November 2013, after we had served in the condo association a lawsuit for breach of fiduciary duties and subpoenaed the bank statements from Chase (because the association still failed to produce them after being served), we find out that the president of the association had been using the Association funds for personal use (including multiple $300+ cash withdraws, bar and restaurant charges, as well as clothing store purchases and a trip to the spa.

Thank you for volunteering to serving our country.

If the tenant doesn't pay the bill in a timely manner, we serve them with a legal "notice to comply" which is a 10-day notice in our state.

Serve your country!

It is a versatile and fluid investment and can serve the purpose of being both a primary residence and a source of passive cash flow.

As far as whether your money will serve you better wholesaling, that depends on what your objectives are.

However, for a brand new investor that may not know what the correct numbers are I believe they would be better served with someone looking out for their interests.

Your PM is striking me as self-serving, which is a far greater issue than being $50 below market rent......If you learn that Section 8 will in fact pick up the extra $50/month, that phone call is time well spent.