Unfortunately, this has led to a dearth or workers that know how to handle a loan application with rentals.LESSON TO LEARN: just make sure your lender is doing this, or find a more competent one.Suggestion: take time to go over your debt ratio with your lender and make sure YOU understand how they calculate it.

I don't know what the right split is, but the PM incurred costs in collecting and handling the money.

We'll handle any major issues but we'll save any repairs we can for the turnover. 

Two of them are fighting and one is threating to leave even though the lease doesn't end until June next year.

If you're looking for a provider, Allegro Escrow does a lot of these, or ask your local title companies who can handle "long-term escrow".

That is the best time to handle this situation. 

This came to me as a huge shock and since it is my first deal, I got no clue how to handle this.

In terms of RE sales, I do traditional real estate and I have an arm that works with investors (handled very differently - providing them a "one stop shop" for all things real estate.  

Mhoment Realty LLC is my company, I am a Real Estate Agent so I handle the deal myself.

There are turnkey providers that do high level renovations and even manage their own properties so the investors experience is handled all through one company.