I knew there were other fees associated with PM, and rightfully so, but I didn't know this one was common.

Partnering in deals is common and some of us have done it for most of our careers, but we only opened this up to the public at the end of 2016. 2.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

For your townhouse scenario $3000 rent is definitely on the high side, for the most part $2300-2500+utilities would be more realistic (generalizing).

For example some properties will be owner occupied with leasebacks and some will be vacant amd the checklist would be different for each of those scenarios.

What are the most common challenges investors face when securing fix and flip loans, and how do they overcome them?

Examples of common objections include needing to discuss with a spouse, feeling it's not the right time, uncertainty about the location, or having funds tied up in other investments like a 401K, 1031 exchange, or the stock market.

Example for multifamily- My 4plex had a tenant in one unit paying $24000 annually of which I achieved $14,000 annually NOI after taxes, insurance, yard work, common area utilities.

Reliable tenants are the exception, not the norm.A common mistake is assuming that all renters are alike so the property type is not critical.

The fact that you are knowingly leaving out the most important fact from your scenario tells me this is a con scenario.