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?

At the same time though, if you are the one who walked into the store and tried on the clothes and asked the sales clerk how it looks, then your asking to be influenced. if you spend time on a real estate investing website where people are in the business of investing in real estate and you ask if you should invest, you will likely get a lot of responses that say you should invest in real estate and let me help you for a fee.

Having management in place always costed me 12% even with a '7.75%' fee. 

Are there any lenders or ways to finance the entry fee for subject to deals?

For me, that includes late fees, the cost of the eviction filing, etc.

Then mortgages get collateralized and sold to Fannie or Freddie so they can keep lending and make money from the original fees.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

When Im getting into mid October to mid November....I typically recommend to my clients to pull the property off the market, and relist around Feb 15th for townhomes and single families, nd possibly as early as Jan 15th for condos.

I know some good people that have went to dinner, had a couple of drinks, drove home, and got pulled over.

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market.