Quote from @Gregory Wilson: Sorry, NFL Player.

What are you protecting your property from?

They acted quickly and in your best interest to protect the property and your tenant. $2,000 is about the going rate in my market.2.

Federal Laws Prohibit Discrimination of 7 Protected Classes, Massachusetts has added 8 more:-02.Always know more of the Rules/Laws/Regulations than ANY Tenant.

I’m wondering how I can protect myself if they somehow rack up the bills/ abuse the policy. 

There are other players in the game to compare with like Kenny Bedwell at STR Insights or Bill Faeth's coaching.

Wholesaling is risky, because there are a ton of bad players out there, and so most brokerages don't even allow it because there is so much risk, and the principle broker is risking their livelyhood. 

Our investment to value (ITV) in the notes we purchase is usually in the 50-60% range, a significant amount of equity to protect our position and our private capital position. 

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.