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?

Additionally, I'm interested in understanding typical STR fees to help estimate cash flow.If anyone is willing to share their experiences or offer advice, I would greatly appreciate it.

I was told to get a home under contract via the Option to Purchase contract (include a consideration fee given to the seller) and getting all signatures done with a copy given to the seller.

Few will do them, and those that will, have very low leverages and higher fees. 

However, they’re requesting a mid-stay cleaning without any additional cleaning fees.

I would give the lender a 1% origination fee and payback the interest on the loan in 2K/monthly payment.

Plus, if you are using a broker their broker fees will typically be an additional 1-2 points.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Or even interesting to think about the ability to charge late fees. 

That would be very beneficial.Also as it turns out the Durham meetup was a zoom call for members only so I did not get an invitation, before this Covid pandemic started the meetup was intended to be in person with non members paying a small fee to get in rather than a large fee to become an immediate member.