That being said, I don't have the information I would need to say for certain, but that sounds as if that's a high price for the asset you're considering to buy.

I do not need information about how to do it.

My loan officer just came back to me apologizing for the oversight and informed me that the CD will reflect the right amount for cash to close.

You will still have to make decisions, and ultimately, you are entrusting someone else with your asset.

@Chantelle LewisRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Welcome to the community and be ready for a huge amount of information at your finger tips.

The tenant doesn't get to make the decision on who they work with.

Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.

Just saying I have a lot of equity and want to make money with it, is not enough to make prudent decisions.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.