I’ve seen situations where the fee structure is similar to what you’re talking but the PM still takes forever to fill units since they know they’re gonna make the leasing fee anyway, albeit they’re losing monthly cash flow by keeping it empty for 1-2 months due to inefficiency.... this is why I was thinking about the tiered compensation model which rewards them based on actual percent filled.

I have always been a high risk/high reward person.

You know your agreement is fair if you don't have an opinion either way -- that means the profits and percentages accurately reflect what you perceive the risk and reward to be. 

You have to remember even if you do something without money down or money in the deal, the marketplace rewards you for one thing, the value you bring.

@Suresh Kannan, it is very rewarding help people achieve their financial goals and be a useful tool for individuals wanting to learn more about real estate.

They have a lot of flexibility to wire money, have business credit cards with good rewards, and if you have multiple LLCs you can have multiple accounts under one login which is really convenient.

This not only rewards the bad behavior of the non-paying tenant, it encourages more tenants to do the same.

Buying more than one BRRRR at a time is more difficult than buying more than one turnkey at once, but I’m sure the reward is worth it and you can expand so much faster.goodluck 

It's such a fun journey (stressful, but rewarding).

Garner and Clayton are growing areas as well that I would add to my list for towns around Raleigh that have existing charm with huge potential.