If you're not personally budgeting, building an emergency fund (which you can later actually invest (in an intelligent manner) if you'd like/feel lucky) and clearing out "bad debt" you're could run into trouble.Have a plan, have goals and don't be afraid to ask when you don't know the answer (especially your potential/future tenants, I learn new stuff during property viewings all the time).Best of luck!

Oh, you believe correctly, but unlike other states ours doesn't end until at least 60 days after the governor says the state of emergency is over.

Since graduating, I got married, paid off the wedding, my student loans, saved up an emergency fund, and was very close to having a nice down payment for my first house.The issue...A few years ago I had a medical issue that basically wiped out my savings besides retirement accounts.

Who are your emergency contacts and can they afford to pay rent?

Are you financially in a position that if an emergency came up you have money to handle it?

BUT the program staff (both Sacramento Emergency Rental Assistance staff as well as Housing is Key staff) are telling me that "since the tenant moved out and is NO LONGER a current resident you won't get any funding". 

We do office space, common areas, medical offices, and retail space, however we are trying to expand right now and my father has a history in development, design/build, and residential construction, so we are open to taking on new projects.

It can kill relationships.At this point in my journey I've got enough experience and had enough friends ask me to help them invest in RE that I think I could ensure them a good return, but many of the OPM structures are set up to guarantee the primary emerges unscathed even if the investors are left with nothing.

My guess is these tenants will refuse to go, in which case you send the 30 notice to terminate for failure to vacate to allow landlord to make an emergency mold repair. 

@Sean LasherOK then as long as your mortgage is current, then you have time to get your plan together to take a trip down to Davenport to take care of your business with the PM company.My point being right now you are not in emergency mode, so take your time planning out how to deal with this PM and lay the ground work for moving on if you need to do so.