In this case you have plenty of time to secure a replacement by July 1st. 

Hey Lucas, I would begin my search at one of the local suppliers like Sherwin Williams, or a Building Supply Yard.

Most security attorneys are probably going to tell you your investment is a security because they want the work.

High demand and low supply tilts the power balance in the PM's favor.To be honest, I have never heard a positive review of a PM in either Cleveland or Akron, unfortunately.

Here is some month end numbers after I switched PMs:Rental Income: $6743Owner held security deposits: $2300Total income: $9043Expenses: $1846.44Net income: $7225.31**in a category he calls "other items : $2300 security deposits, $250 prepaid rents, -$4630 owner payout, added together: -1180Net income: $7225.31Other items: -$1180Cash flow: $6045now here comes another fun entry:he takes Cash flow ($6045) , subtracts out the security deposits, again to arrive at $2845, which he labels "Actual cash flow" (what?)

Were in the home stretch of executing a 1031x and securing a loan for our replacement property, an existing STR with a pretty existing DSCR (+1.2) that we have under contract. 

Ideally looking to secure funds by the first week of July.Bridge Loan Amount: $150KTerm: 30–60 daysUse of Funds: To bridge short-term cash flow needs until the refinance closes, and to finalize furnishing and operational enhancements to maximize revenue.Collateral Options:- 2nd lien position on the Nashville property, or- Cross-collateralization with another property I own in New YorkI’m open to creative structuring (secured note, PPM, interest holdback, etc.) and can provide full documentation (appraisal, P&L, photos, etc.).Let me know if you’re interested or know someone who might be.

Yeah, some landlords are using guarantors instead of security deposits.

You won't have to supply linens, TP, paper towels, coffee, soap, etc and won't have to replace broken items or small appliances.

This behavior takes housing supply away from the long term rental pool.