The cons are that the buyer pool for leasehold hotels is smaller, leasehold debt is tricky to procure and you will need to pay attention to items like the franchise agreement, access agreements and easements, etc.

>Tenant Procurement/Placement – could be percent of monthly rent or a flat feePictures, 3D Tours, etcAdvertising prep and determining market rentProperty advertisingAnswering inquiries (phone/text/emails/etc)Scheduling showingsShowingsApplication processingLease signings and MoveInsFollowing up on all of the above, hopefully consistently updating owners>Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!

I am an investor with a real estate license and procured that license almost exclusively to submit my own offers.  

I have had clients procure the loan and initial purchase contract under their personal name and then place title in the LLC name at closing.

Maybe procure  my own rental contract & have tenants pay through Zelle?  

Here are a couple of articles I found via Googling "best paying jobs bachelors degree":http://www.businessinsider.com/highest-paying-jobs...http://money.cnn.com/2015/08/26/pf/college/college...Two jobs I'm familiar with personally are nursing and procurement management; with a bach. degree, you can do $50k entry level, then get up to $100k pretty quickly.  

Learning to pool your own funds and procure cheaper debt are good things IMO.

Termination Fee: If Owner terminates this Agreement, Broker shall receive his commission for the unexpired terms or renewals thereof, of any Lease made by Broker and/or Owner during the term of this Agreement and shall receive such commission for as long as any tenants procured by Broker occupies, rents or leases the Property.

I procured a 3rd Party Private FinancierHow did you add value to the deal?

I then realized why the seller was so quick to cancel my contract when, to the letter of the contract, I didnt secure financing in a timely manner.I learned many things, here are a few:- Just because I'm an ideal borrow for a SFH, primary residence, loan>$100k doesnt mean financing will be a cakewalk for another kind of property- Had I been able to procure the cash in a timely manner to purchase the entire property, I could have retained the deal and figured out the money later.