Just out of curiosity, as you look to be a lender yourself, what is the purpose of this post? 

That’s a pretty strong sign that curiosity (and maybe even interest) in buying a home is improving.That kind of momentum means something.

Just out of curiosity, what has the time commitment been and how long did it take before you closed your first deal?

Just out of curiosity how long did you own the laundromat.

Out of curiosity, how are you finding your outreach works best when it’s limited like that?

Out of curiosity, how do you define your mission when it comes to balancing relationships and transactions? 

Would love to hear how others handled this — or if it’s worth taking to small claims court.Here is the details of the penalty term:If the property is leased to a tenant on the date this agreement ends, and the owner terminates the agreement (for any reason), then the owner agrees to pay the broker the greater of:The management fees that would accrue over the remainder of the tenant’s lease,ORA flat fee of $500.

My initial plan had been to buy and hold or eventually package and sell them and purchase something more concise, but with this new revelation my curiosity is piqued! 

Some lenders will allow the monthly interest to accrue, but most will expect the interest to be paid monthly. 

Quote from @James McGovern: Management software such as door loop is available at no charge Yeah, I’ve seen DoorLoop… definitely solid for an all-in-one platform.My challenge was that I wanted something much lighter for just maintenance tracking, something tenants could use super easily on their phones and with reporting that made tax season painlessOut of curiosity, if you’ve used DoorLoop (or similar software), what’s your favorite feature?