Hey Jonathan, welcome tothe BP Forums.Wishing you all the best on your journey—here’s to your success!

It's nice to make one trip to see all.

Considering moving, but we have no interest in losing this property - it’s unique and a great investment asset all things considered.I have no experience whatsoever with renting out a property.

Hi Wendy,Coming from a Banker in most cases the Heloc is a Line of credit you only pay on the amount you use and a Heloan is the bank/lender gives you all cash.Lets say you borrow $10K as a heloc and in the first few months you take out $1500.00 your payment is only going to be based off the $1500 and not the $10K because the rest in the line of credit (LOC) not being used - Same as a credit card.

I would consider them to be more of a consultancy than a turnkey provider, and as such I think they provide tremendous value.Of course I could do all the legwork from scratch - research markets and properties, find lenders, get home inspectors and insurance and property managers and so forth - but RTR has already done all that and has far more experience and knowledge than I do.

The law allows you to put all the deposits in one account.

You've learned a valuable lesson in that not all PM companies communicate the same.

Thanks for any and all advice!! 

Hi all, just wanting to look into growing in this industry. 

All units and appliances are in great condition.