They worked out a flat seasonal rate, then agreed on small “per-visit” fees for heavier storms.

There seems like a new management change a few months ago in 9/2024, then there have been always delaying on disbursement of rental deposit to us as landlords, we have been calling, email or online text messages, but so far no response which is already the 6th of the month, this month we have close to $50K rental income already submitted to Appfolio however just $6000 deposited to our account today. 

Early on in my career, I saw a close frend do something similar.. she borrowed from her circle to finance a rural fixer-upper, then paid them back once she refinanced after the rehab.I’m guessing that massive yard plus the barn is already a big selling point for your tenant, especially with a family that wants a little extra room for animals.

Then you can consider researching and finding something that meets your needs better.

I then send these to my clients.

means deeding it back to the lender if they will accept it.. easier said than done they may want you to sign a prom note for any loss they could incure.. the thing to do is get the best cash offer you can then ask bank to do short sale if you dont have enough cash or equity to sell . 

Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

It could be that the property wasn't built yet and it was a land purchase then the buyer bult the home. $5,000 is still pretty cheap for land though unless the land was bought long ago.

When I purchased my first property in 2020, I feared then that COVID would cause a downturn, but I was thinking longterm and got "lucky"Many experienced investors I speak to have the same few regrets 1) I wish I started sooner2) I wish I bought more3) I wish I never sold