But depending on the case, the tenant can be responsible for the legal fees incurred.

I’m expecting the city has likely applied a wonderful assortment of fees, which I anticipate discovering soon. 

She has been late the past two months, but eventually paid and included the late fee.  

Main attraction was flat rate management fees vs % that everyone else charges.

Also there is a management fee to pay for all of the above.

Without paying the fees 

One lender hit one of my clients that I was doing a JV with... for 800 dollar property tax monitoring fee.. really on a 12 month loan.. but what happens is borrowers just focus on the points with no clue to the junk fee's  or using brokers who add fee's and points on top of the actual lenders fee's again bait and switch.

This is a smaller market, and even 1,000 LPs paying the subscription fee will support less than 5 full time employees.  

Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

One is 100% cash flow, one makes some cash, and the third is about $13000-$15000 (management fees only, mortgage and escrow are covered) per year short of breaking even—we understand that this vacation rental was an investment and are content to wait another year or so before it provides a cash flow.