I appreciate the confirmation that I use my docs, my vendors to ensure the safety of my principle and the accuracy of the numbers in the deal (appraisal, rehab, ARV). 

Don't cut corners! 

Life’s gotten very busy, and I might just cut ties with a half renovated property as I now live three hours away in Portland Maine and would like an extra 30k or more to put towards a upcoming house hack.

Then you’re profit is cut down to nothing and you have someone that can fine you, and HOA’s in Florida have  Foreclosure authority. 

When economy is on downward trend a lot of businesses go into (cost cutting and flight to safety mode) increasing sales at existing well located stores.

I have a property management company that I pay 10% so $100k.As the property management company manages the property like the leases, finding tenants, repairs, maintenance etc do they collect the $1m paid to their bank account and I trust that they only take a $100k cut and pay me $900k or can I instruct them to set up the online service where all the rents are paid to me so I pocket the $1m then pay them $100k?

Even if the company is highly vetted and recognised isn’t it risky for them to collect all your money then trusting them to only take their cut and give you yours. 

On top of that, I have the added problem that I could engage someone, they could come back to me and say, "your tenant is right; you need to cut your rate."

Again don’t waste another day you’re going to take a hit but that’s part of this business next time you’ll know better than to keep cutting slack and trying to help out.

Just so we’re clear, I will never intentionally cut you out of a deal or ask you to lower your commission.