The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I think a lot of people saw unprecedented numbers these past two years, extra money in their pocket thanks to a strong economy and "free" COVID money (you'll pay for it soon enough), or they sold in a high-appreciation market for a song and opted to use some of that cash to invest in the easy world of short-term rentals where people earn $200,000 a year with a 2bed/1bath cottage.Then reality hits.

@Christian Clark the difference between your conservative estimate and the potential reality should not be the difference between a good deal and a negative cash flowing property.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The post closing maint can sink the ship, tenants move out, you find they aren't paying (in reality) and have to struggle to evict in a post CDC eviction moratorium where the courts are still slow / reluctant to evict (unless you are in a landlord friendly state/county).Search in youtube for multifamily coaches. 

Where in reality, it was confirmation bias and insidious algorithms that led those people to that post and motivated them to leave a comment, while those who don't feel that way would've never known about it. 

I can confidently say that I have a very strong work ethic when it comes to turning my intangible desires into a tangible reality.

But the reality is most homeowners that we deal with have a mountain of equity or a good potential for appreciable equity gain given the thirst for San Diego RE desirability. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!