If paid by the lender (this is common for conventional financing, especially with retail lenders), the origination and/or underwriting fee is “baked” into the interest rate, therefore giving you a higher rate in exchange for lower out of pocket costs. 

Common utilities paid by the landlord will be similar if not the same; standard services (extermination, changing filters, snow removal, fire safety inspections etc.) will cost the same.Expenses will vary depending on the market.

A common rhetoric is "if you find a good deal, the money will come"..in my experience that is false.

Important things to check include opening and closing every cabinet, looking under sinks, pushing on doors and cabinets, and checking commonly used areas.

LTR, MTR and STR work in most larger markets (~top 30-40 cities by pop, or be proximity to metros/attractions/employers).

Any losses incurred along the way are chalked up as inefficiencies / common area heating costs.Whether this is a good idea, IMO, is based on markets trends.

In fact, a common colleague of Chris and mine worked with them for a few years but departed once he learned of the issues outlined above.   

You can also learn average costs for common repairs in your market to get a ballpark figure yourself.

Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

When managing a rental property, here are some common maintenance expenses to be aware of.