You should be able to negotiate that, though.It's pretty common for high-end property managers to charge around 10% of gross revenue, plus one month's rent for placement, and some sort of renewal fee.

Doing this will increase the projected annual revenue from approx. $52,000 to $80,000. 

CRA as in Canada Revenue Agency? 

Some areas in SW Florida are showing signs of over saturation, but this investor is showing great revenue and over 90% occupancy.  

@Paige Kehoe cost vs time will be your biggest challenge!

If they are so easy to rent, then why are they vacant.If we look at it strictly on a numbers perspective and we assume everything you said was correct, we'd have $93,600 of stabilized revenue.

You will be way ahead of the curve.Your video production skills will be your biggest asset to trade for experience and you need to keep this in mind.

Probably their biggest weakness is that they don't have a lot of volume.

Property 1: 4/3 LTRCurrent Value: $475kPurchase Price: $363kDown payment: $40k (30 year conventional)Interest Rate: 2.75%Remaining Balance: $294kMortgage payment: $2369AVG revenue: $2775Property 2: Duplex - 3/2 House Airbnb & Detached studio apt 12mo leaseCurrent Value: hopefully within $575k-$600kPurchase Price: $591k (appraised at $599k)Down payment: $30k (30 year FHA)Interest Rate: 6.125%Remaining Balance: $552kMortgage payment: $5041 (including $362 PIM)AVG monthly utilities: $385 (full year avg)AVG monthly revenue: $5261 (full year avg airbnb + $1650/month from apt)

I was the biggest skeptic on this website until I did some research.