Who actually owns the property?

There has to be plenty of options in Miami for you to find someone who is actually on your team.

I'm sure that I am competing out there with other buyers who do not calculate that expense line since they will self manage and can potentially offer more for the same value.Should I stay the course and just keep offering based off my actual numbers that I know will be true expenses with regards to PM cost and wait for the right property accept an offer?

I may actually end up losing money!

I found out yesterday the water bill was actually updated to my name back in July due to a error on my teams part.

The pendulum is in the exact opposite phase right now, for everything that didn't need to be verified at all in 2006, now it needs to be verified 3 different ways (80% of the paperwork required you actually didn't even see or provide because it was on the back end, a typical printed loan file is currently about 4 inches thick, compliance costs to originate a FNMA mortgage are about $4000 to $8000 depending on who you ask).

As you mentioned, heloc interest rates are actually less than your agreement because of the interest deductions.

Im just hoping it does because the numbers are looking good so far IMO. 2bed 1bath615 sq ft homeArv: $215,000Repairs: $35-$40k (that’s just from her sending me pics of the inside, and me looking from the outside) Initial offer: $80k I told her that the price is subject to change after an actual inspection of the home and we have a contractor run some accurate numbers on the rehab and I’m going to put it in the contract and she gladly agreed.

You may find a good deal, and a partner to help with the money, but you are still going to have to do your analysis to see if it's actually a "deal". 

I think the Wealth Club is doing a great jobhttps://thewealthclub.org/Good combination of teaching and people who are actually doing investing for a living