This will show you more evidence of the fees they really charge.

In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

Would the investor have to use an assignment contract between him and new end buyer to collect the mark-up fee aka assignment fee at closing?

I know broker fees are $500 so $12,500 in commission?

You have no way of knowing.Henry brings up an excellent point about going into a nursing home where she'll be paying some/all of those fees with Medicare. 

It looks like water is not being paid and I can only see a small fee every month (that is over due) meaning the meter is likely disconnected.

Would you be able to share what the general property management fees are on a AirBNB?

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

If you're located in WI, check out Premier Point Realty and Homestead Realty....both offer the licensing course at a discount and some of the lowest fees/commission splits in our local market.

Then you get 100% minus cleaning fees and maintenance.