He has a contract with the seller which will then be assigned to me for a fee.

But, if you want to be nice, give them a warning after the first one then start the process the next time it occurs.  6 times in a row means it's probably time.However, if they pay every month and you are collecting your late fee as well... 

I'm hoping to see more of this and praying it gets passed bc we have 2 strs in Hot Springs that have been slapped w/rediculous annual fees and investment hindering regulation.

I would keep in mind HOA Fees and Assessments.

- Acquisition Fee - 1% of Purchase Price- Asset Set up Fee - $8,500 total- Asset Management Fee - 3% of income- Disposition Fee - 5% of difference b/n purchase price and eventual sales price- Mortgage Guarantee Fee - 1% of amount guaranteed- Financial Services Fee - 5% of capital contribution of each limited partner- 65/35 Split: After investment repaidThank you in advance!!

Why would I use hard money with all the points and fees if I have to put down 20% anyway? 

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I know there are extra fees using a realtor, but it can still be beneficial to do so.

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.

Filing fee is like $25 or something.