In this instance, $15,000 - $17,000 would be your offer.

Now, if the PM company is saying that the asset needs a lot of hands-on management, and they require someone to be on site daily because it is in a Class D area for instance then maybe that would warrant such a high fee. 

My main question was: When I'm looking at numbers (and say I'm targeting a MFU listed around $80k for instance), if I pay for the multi-family unit using a HELOC from my primary residence, do I load that number into my calculations as "cash to close?" 

For instance Thurston county just did their auction earlier this year and a house in downtown Lacey went for around 140%?

One place even allowed you to book by the MINUTE (for instance, a $30 service charge, plus $0.16 cents a minute) with a $70 minimum (meaning you would have to book AT LEAST four hours.)A further example: One hotel allows you to book a room from 2pm-8pm for $100.

In some instances the seller will be aware of a big issue. 

For instance a small house in Atlanta my cost $50k plus $20k repairs totaling $70k and will bring about $680 - $800 rent.

2nd time's the charm in this instance 😉

Until I am able to relocate, I plan to network on BP, read Famous Four(tm) book recommendations, hunt for and analyze deals, and prepare myself for the day I pull trigger!

For instance, I know appliances (ie stove or refrigerator) go in the 5 year bucket, however what about windows, floors or decks??