Quick math says you're collecting roughly $420/mo in cleaning fees.

There are several factors that affected my decision, the first being the rising condo fees. 

I’m not too caught up on the fees, fees are fees and I pay what my brokers acquirers.

You will take your sales price $400-$20k fees = $380k.

15% management fee covers specifically what?

What should I be aware of in terms of fees, timelines, and potential compliance issues?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you. 

In my office - applicants cover the fee entirely.