As a San Jose licensed property manager and investor, a 5% flat fee can be reasonable depending on the property. 

Then they will be required to be licensed. 

Not sure why that person does not go direct but thats another story.Super high risk because if a deal goes bad they will get reported to FINRA for raising $ without a license and since its not a direct investment the sponsor exemption can come into question.

I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection was cancelled by the inspector stating there were too many deficiencies, I endeavoured to reach out for details of the deficiencies but was met with silence and unable to get any info.The second inspection came back with a list of 18 items, some of which I consider petty, such as a small groundhog hole in the backyard.She is also asking for “Front attic window area and front fence needs a full house lead clearance examination by a licensed lead inspector “.

Appreciation here is likely driven by demand for established areas and school districts, which likely isn't the <$250k stuff.If finding cheaper stuff was my priority I'd probably look out of state.

Does this place have a STR license or can it get one? 

When you submit for an EIN, comma is huge Chris Seveney, LLC will show up as Chris seveney as IRS stops at the comma. then try and get licensed in a state for something, creates havoc.2.

Why not just go and get a license?

There are programs that offer 100% financing for many different people like Veterans, First time home buyers, (Certain states), Medical professional loans also offer 100% (Anyone with a Medical license).You also have Second Home or Vacation home which only requires 10% down.

I'd prefer to use established tools for analysis rather than starting from scratch.