Our last email from Alan confirmed our suspicions that we were getting jerked around by him admitting that it was his fault that the refund process was dragging on because he ‘knew what was in our best interest to do’ and that was for us to relaunch the program instead of giving us a refund.

I have a great network to get you started and would be happy to help you along the process. 

Also, be weary of reading advice from others that are not familiar with Maine's multi-step eviction process. 

This was a great purchase due to perfect room setup allowing each tenant to have their own bathroom and the massive unfinished basement that I'm currently in the process of finishing to rent out as an ADU.

Scheduling the individual trades persons ie. plumbers, electricians and ect. is best when you have a full day of work for each trade.

This limits the amount of $ I can qualify for individually.

We then talk about logistics for our upcoming relationship; how to pay rent, how to submit maintenance requests, emergency maintenance request process, HOA restrictions and violations, confirm they have switched utility accounts over, and other pertinent facts about how we manage homes.Finally we collect move-in funds and exchange keys.Welcome to the game!

Focusing on profit rather than top line is always my guidance as it encourages you to automate and streamline processes, which often leads to innovations on the guest experience front. 

In terms of taking on more liability, it boils down to what insurance will be less expensive and looking at what we are having to pay through the HOA (for insuring the aggregate of all units), it will likely be cheaper for owners to purchase individual HO3 policies to cover their units (as townhouses) as the carriers would not be taking on the risk of the entire $100M+ in aggregate replacement value, and the owners can take out policies for individual units with a whole range of carriers vs the HOA trying to get coverage through the secondary market.  

Since then, I’ve lost 90lbs and counting, currently 14 weeks away from obtaining my MBA, and I’m in the process of starting an investment group with some great friends of mine!