In case it is important, we are based in CA.Administrative Requirements: Are there differences in ongoing fees, reporting requirements, or other administrative burdens between the two states?

if they have a fee associated with a new lease, there is little incentive on their part to find the right tenant).

They want 1% origination points plus a bunch of other usual fees like title work.

@Jerry ZhangYou cannotYou can give a personal guarantee but then you would have to have other assets.What could happen and we have seen many times is they go into default and the 20% equity cushion goes out the window due to late fees, accrued interest and legal costs.

This would include architectural fees, new equipment, cost of protecting or defending your title to the property, or building improvements.

**Dual Representation or Referral Options**: If you’re open to a co-brokerage scenario, you could also work out terms where your realtor earns a referral fee instead of the full buyer commission.

You pay the lister flat fees but promise selling agent (who bring the buyer)some %% from sale.

Cleaning fees should essentially be a pass through expense as they are paid by the guest and neither you or the owner really ever see that money.

If you buy the house, do you owe both a fee?

You would file the name with the state for each series created so it's clear its a series, but you wouldn't have to do a whole entity formation or do the annual filing fees.