Looks like for the Memphis market these fees are right in line with most pm companies.

Study the market.

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

Any marketing should always be based on the information provided by sellers in a deal. 

My first duplex was a turnkey, off market property.

Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.

Recently, I became a licensed agent specializing in short-term rentals and multifamilies, particularly in vacation markets and Worcester County.I joined BiggerPockets to share insights, learn from others, and connect with investors who want to scale their portfolios.For those who are active on this platform:-What’s the best way to introduce myself and provide value here?

Enjoy live Zoom sessions, expert Q&As, market analysis, exclusive webinars, mentorship opportunities, and real-time property insights.

With $15-20K liquid, focus on lower-cost Midwest markets where down payments stretch further. 

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.