A fair amount of houses in my neighborhood converted their garages years ago for extra space, before the easing of ADU restrictions and the advent of AirBnB.

If you plan to originate and sell, to get yields into fair market territory, you'll be discounting your paper, meaning that your margin on the home will need to be high enough to absorb the discount and still produce a better return than just outsourcing the lending process.

The manager and mngt company work in tandem daily to manage tenants, buildings, maintenance, contractors, accounting, escrow, HR, taxes, fair housing, municipalities, legal etc… It does take a village for sure. 

Amazing communication, great maintenance, fair and quick.

By being transparent and professionally addressing the needs of both our investors and sellers, I believe wholesaling can be very lucrative.I get why wholesalers sometimes have a bad reputation, but that’s often because people don’t give them a fair chance or value them properly.

I got a house at what I feel is a super fair price with lots of opportunity.

I have participated in my fair share of residential syndications.  

@Matthew Wright you're going to have a hard time doing this.Currently, you are bypassing a LOT of regulation requirements by letting the prospects pay the 3rd party directly.If you want to collect Application Fees, you will need to take on all the responsibilities & corresponding liabilities of Fair Credit Reporting Act and Data Privacy regulations. 

If it is in the lease, I'd let them know they are in violation of the lease and have been given fair warning.

Use the line items to determine a fair price.