I posted as a free subscription last year and quickly found a tenant.

I guess they think these investors are accredited so a fee structure is a good model.

I have a Bigger Pockets subscription and should have come here first!

Fees seem high but could potentially be worth it.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Realistically, to make the business work, they are hoping all the people who are using the "free services" to eventually go into banking where they can collect fees for anything bank related.

We find a tenant buyer to do the lease option who also pays on option fee of between $4,000 and $6,000 depending on the value of the property.6.

You'll want to look at their reviews, how they safeguard your funds, understand what their fees are, and how responsive they will be to your questions (do they work 9-5 only). 

However, in California, each LLC incurs an $800 annual franchise tax plus gross receipts fees if revenue exceeds $250,000, and property insurance may cost more.

As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.