We’re pleased to share that the tenant paid rent on the 3rd, just before late fees would have applied. 

The HOA fee takes care of external up-keep and maintenance so you don't have to worry that the tenant isn't taking care of it. 

They remain whatever the original borrower has.When you use typical financing from a lender, you have the lender's hoops to jump through and loan origination fees, the appraisal has to come in at a certain number, oftentimes an inspection or appraisal will kill a deal. 

And if stessa is the better of the two (because it includes accounting without an additional needed fee through REI Hub) then what is the point of rentredi? 

Paying ~12% of the loan in fees/closing costs is quite high.

That fee is based on the amount of work completed but is somewhere between $150-$400 typically.As far as the 10% fee charged during the first month that we lease a property, you are correct that is a part of our fee structure. 

These charges apply even after paying a monthly fee of $179.

(Late fees would be one example.)

Wild how many fees PM's tack on to extract value from tenants ontop of rent.

So for her, the fees of 3% at closing and 1.5% per year is a steal vs paying $400,000.