The Due Diligence deposit is non-refundable and goes straight to the seller.

While the maximum rate is a 2% charge, the JVCA board can only levy 1%, with the second 1% being implemented by a public vote."

I imagine it is all just on for now especially since all government backed loan defaults are a full stop too. 

There is a reason that most states (including Connecticut) require property managers to be licensed, one of which is that they are required to have basic education on the rules and laws governing the practice.

If you think you have average intelligence and a general hard working person, for non luxury STRs (competing with 3 star or below hotels in the area for average people who simply need a bed and a kitchen) I would use 60% occupancy rate to start in the beginning and then 80% after stabilization.

It's not a public company.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Most credit unions do not help with non-owner occupied properties. 

You could also look into non-recourse loans.

There will be much more government spending and jobs created in Mcallen to secure the border, leading to continued population growth.