I don't like this route because it puts the insintive on placing tenants and not retaining tenants.Management fees range from flat fees around $85/mo and 10%.

Nope, can't have that.On top of the pressure exerted by the team, many of these gov. officials are flat out corrupt.

Most people, and not just tenants, don't have a cash cushion for emergencies, and are one flat tire away from disaster.

I myself am married with 2 kids, Im Norwegian, and have 2x 2 bedroom flats in my home city in norway.

Not saying that he will overcharge you or work slowly, but that's certainly where his financial incentive is for that particular job (hopefully he thinks longer-term, but many contractors don't).Negotiate a flat rate for well-defined work, and go from there...

I had my Real estate license and did probably 300 deals before I ever got on a computer and actually new how to run one.this is not a new business its an old business and its a belly to belly business and its one that requires work and CAPITAL  if you do not have Capital you need to get it.yes some people get lucky but most as you noted fail probably 97% of those who think this is a get rich quick business .good luck

I forgot to mention that it is flat and ready to build.

:Originally posted by @Bob Bowling:https://www.rentrange.com/rental-rates/homes/TN/Me...Flat rent growth and limited appreciation? 

Property is a 2 flat with about 1k sq ft per unit, not very steep roof either.

I'm in MD and mine charges a flat fee of $500 for contract preparation, but they offer a $200 discount if I close with the title company they are affiliated with, so it would be $300 if you ultimately close the deal.