Sheriff works to Levy bank accounts or garnish salary.

@Brandon Levi Eagan awesome!

@Melina GorositoAs others have mentioned, it depends on the type of property and financing with which you are dealing.In Canada, origination fees are unheard of for residential properties  - unless you are dealing with an off-market lender (which means you cannot borrow from a bank, credit union or other tier 1 or 2 lender).When you move into commercial properties, there are a variety of fees, an origination fee is a possibility, but still not common.If you are using an independent broker who's not being compensated by the lender (which they should disclose), they will charge you a fee for their services (in my experience these fees are negotiable).In our experience, even when paying the lender levied fees associated with commercial financing (lenders admin, legal, etc), the fees are deducted from the funds advanced.  

A license is required to broker real estate & huge fines can be levied against you.

What I did not mention and include in my numbers to be more accurate was the  buyers agents 3% ,closing costs, 1.28% excise tax and on top of that the good ole income tax I will pay at the end of the year. 

(New laws requires longer notice periods, tougher to evict -with judicial 'discretion' to delay evictions, and an increase in excise tax upon sale of property). 

Assuming you used a broker to sell and the property sold for $180,000 closing costs would look something like 5% broker fees, 1% title/escrow, 1% excise tax [If applicable] giving you $167,400 minus current loan amount for a NET of $7400.

@David Fernandez@Patti Robertson  @Levi T.Thank you so much for your answers.

Like it or not that need to be paid your partner Uncle Sam or his Canadian equivalent cousin.Some jurisdictions in the US levy a Gross Receipts Tax or the business privilege tax, which is small percentage of your rental gross income.

The county levies a $150/day fine for unregistered landlords.