Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

When I go to my credit union for a commercial loan there is no junk fees, no origination fee or maybe a half point origination and a better rate.

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.

Lower prices usually mean less attention to details, slower communication and most importantly additional fees.

I realize there might be somebody that comes on this thread that’s trying to pretend like finding all the deals you want is really easy just pay them the right fee and they’ll set you right up.

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

I just got quoted $160000 for a four unit plus in law in Brookfield including permit and all related fees. for an extra $3500 I can add two EV chargers, but will receive a $16,000 credit from ComEd.

And I generally require a sponsor that has full real estate cycle experience with little to no money lost, low leverage, high skin in the game and reasonable fees and promotes.However, other investors will look at these deals as bad/too boring for them because they are more aggressive and not concerned about the risks of default, refinance, interest rates changing etc.

Lol.....Maybe I should develop a business model that installs them...for a slight additional fee. 

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