I'm new to the game and have never developed anything and could use any advice / help.

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

Thank you for the response.I decided on going ahead and cash out refinance my primary residence and property 1.While the cashflow will go down, I really should be playing the long game and continue to scale (like I wanted to do).Another purchase/rent increases should/will cover the losses in cashflow, while increasing amortization's.Really appreciate someone taking the time to reply and read, since I have no one else to talk to about these subjects.Thanks again!

post your 3 day notice. cant argue with policy - and enforce the late fee. its all fun and games until you are in breach of contract (works for both sides) 

This is a new partnership and I bring the team and the knowledge and the other partner is new to the game and brings cash. 

For a borrowers like my husband and I with a seemingly simpler situation (looking for primary home not an investment property, no debt except for our current mortgage, excellent credit and low DTI <10%), we were thinking we'd have more options to shop lenders/rates. 

Tesla is the huge one but don't forget that about many of the other companies adding a large amount of jobs such as Moca in Bastrop (400) Cangshan Cutlery Leaner (150), Ovivo in Hutto (120), Perfect Game in Lander (127).

What I referred to above is good enough for an individual or even their whole family to get rich, but it is ultimately a small-stakes game. 

Though there is a large number of people in the game who don´t, that doesnt change the mindset I embrace.

If you go more units it’s a commercial loan and a whole different ball game based on the financials of the property.