Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Have you ever explicitly shown the tenant how to use the damper and told them when to do it? 

For example, we found a local credit union that provided a 5/5-ARM.  

In CA, if you call around, common loans for multifamily are 25% down, 30yr am (on MF, 20-25yr am on other CRE), 1.25 DSCR, a 5/1 ARM is often due in 10 years, with resets from 5-10 years and 3/2/1% prepayment penalties for first 3 years.

Not all, but some property managers do both traditional property manager work an have an in-house rehab/construction arm.

@Sara Swift This is a HUGE reason why I opened up the property management arm of our brokerage.

@Luis Medina I used Lima One Capital.  75% loan to value.  10 year arm at 6.9% or so. 

Use arm's length lease-option documents along with the counsel of qualified professionals.

It was brand new and I taught a 20-year old woman how to drive it and I am the type instructor who gets emotional when teaching people the dangers of holding and shooting fire arms and driving off-road  dune buggies and quad runners.This dune buggy's gas throttle is the same as shooting a gun.

Lets say I have a 10 unit building I own free and clear I have had for 20 years and dont want to pay an arm a leg in taxes when I sell but I want more cashflow then what I have now.