Unfortunately, it's now going to get more complicated:(There are two types of approaches PMCs use to bill for maintenance:1) In-house ServiceTechs on the payroll, so owners are billed for their time by the hour.While the labor charges above are useful, they don't cover the true costs a PMC incurs, like:- Payroll costs for FICA, Social Security, Medicare, etc. that typically add 25-40% to the hourly rate- Medical insurance costs for the worker- Payroll processing costs to handle all of the above- Liability insurance costs in case worker damages something or injures someone- Workman's Compensation insurance- Costs of vehicles and tools- and more...Typically the management contract will disclose the total hourly rate an owner will be charged.

I have a contract on a house in Phoenix AZ with a value of $500,000 and a mortgage of $288,000 to be taken subto.

Are you under contract? 

Quote from @Sarah Ali: The seller has a contract with the agent, which means they can't legally sell the property without compensating the agent.

We just got a deal under contract subject to the existing financing.

The cancelation contract stated they would refund my deposits in 6 months or if another buyer bought the contract for the properties. 

We're under contract and need to get bids ASAP. 

I get into contract in my operating company and then assign the contract to the new LLC prior to closing.  

We have a large piece of land undr contract that we'd like to develop for IOS.

If you made housing free the same bleeding hearts would be complaining about utilities.