experience is worth far more than a couple grand a year. in 10 years you might find that PM experience valuable while you'll have long forgotten about the money. better approach: negotiate a raise in the PM job and give yourself a win/win

Property Managers: 1) What are the biggest challenges for you in your business?

@Chris Pohlson I have run into the same problem as I investigate lenders as I am approaching my final conventional loan.  

It is more challenging, takes more diligence, and a committed action plan as well as a partnership with a brokerage that has a track record of working with agents looking to go from dual career to full time.

The challenge with that is how do you know what a good partner looks like.

You can get decent density while avoiding the structural/fire/MEP challenges of 3+ story structures.

I own a contracting business here in Illinois and I know from experience that finding good contractors/subcontractors and keeping good labor crews is a challenge.  

Don't know when that became a thing in all businesses (crypto seems to have the leading kid coaches) but i'm curious if you have input on paying/learning and how you approached mentorship. 

That was their initial approach - to petition the seller for a return of their EMD, but I felt that wasn’t fair as the seller didn’t do anything wrong - the bank and their realtor were at fault.I may not have mentioned this but the HOA provided all needed documentation of renter/owner ratio before the offer was submitted - bank had that paperwork from day 1 but didn’t decline based on it until the day closing was scheduled to occur.

This makes it very difficult to qualify for an exception as it would be challenging/impossible to rent out as a "long term rental" - which I can't quite tell what is defined as.Any thoughts on strategies or ideas on how to deal with this, aside from simply selling and getting out?