Bought at beginning of the pandemic (we were watching it early as a coworker nearly got locked down in Wuhan in December 19).

Worst case you can always just do M2M and phrase it as things are uncertain for them and you don't feel right locking them into a contract if there is any uncertainty on their ability to fulfill it and you don't want to cause an undue hardship. 

Found it on MLS used a good friend who is a realtor to lock up the deal.

Lock in a lower rate now, then you have 10 years to figure out the market.Cheers!

The trick will be finding deals in which the numbers, done well, actually work.Will, I just went over yesterday to our MLS offices here in PDX  to pick up 4 new lock box's for Ms.

Our last one about a year ago we got 20% down, 5.25% locked for 10 years with a max 1% increase per year in years 11 and an overall max of 11.25 over the 25 year life of the loan.

Doors locked = not abandoned

Porter you can certainly try to get a 'deal' on property management but, realize that unlike bartering for a car, property management is a service based industry - meaning that long after your 'deal' has been struck your PM will determine what quality of service you will get for the deal you locked down. 

Can I change the locks since I have written notice of them being out 3 days ago? 

Typically a JV agreement is unsecured and if a deal loses money then so does the investor (nothing new there), therefore our investor is looking to lock in a rate of return which pays interest payments along the way.When it comes to performing notes, it’s strictly a cash flow play, by where we are earning a spread between what we borrow in the form of a promissory note and what we earn on the mortgage note.The collateral assignment that we attach to the note is incase of default and provides extra security to the promissory note.