The latter is what a typical marketing agency would charge, and they would provide and build you the CRM for free.

i keep seeing:1. buy out of state rental in a solid neighborhood with long-term potential (just as you are recommending) but then...2. have one rough tenant turn that costs a couple grand, and3. give up on real estate investing, and turn on everyone involved in the transaction for not guaranteeing that sweet cash flow in month 1 I literally just had this conversation with a prospective client when he asked me what a typical outcome looks like.I told him everyone nods and agrees when I drill into them the risks of investing OOS and in Detroit.

Quote from @Michael Smythe: @Christian Gibbs let's look at this logically.PMCs either charge a percentage of collect rents or a flat fee.If they charge a percentage of collected rent, they typically are incentivized to get a property ready to rent quickly and find a good tenant.-- But, what happens if the owner wants to drag out repairs with requests for multiple bids, takes weeks to review and approve those bids and then take even more time to send funding?

Lending to grow is typically unsecured.

The comps are not going to be typical for the area.

Educating investors about market conditions is essential.

Taking a boiler plate contract is not going to be helpful as they're typically customized to people's needs/wants.

@Jonah Gunalda you fit the profile of a large segment of the passive investing community--someone who has a good income from something they are really good at, and would like exposure to real estate in their investment portfolio without distracting them from that very vocation that put them in the position to make such an investment in the first place.There probably isn't a "typical" profile of folks who do not and would not invest in syndications. 

It is typically caused by excess humidity (showering or cooking) and can be resolved by teaching the tenant to use ventilation fans and airing out the home once a week for 10-15 minutes.

You're essentially subsidizing your tenant to the tune of $15,000 a year.