If they were great at syndicating and running those deals (or insert whatever they're selling), why are they spending so much time on a product?  

There would be very limited costs to you doing it yourself, however, when you insert a middle-man you're going to pay a good chunk of money.  

Minimum - new carpet (or hard surface flooring in major living areas, stairs, and bedrooms), possibly some updating in the bathroom (toilet, shower insert, tub), and either large hole patching in the parking lot or repave the parking lot (no estimate on this yet)Appraisal from local appraisal district = $126kThe property is great in the < $164k range by my numbers. 

Those agreements are negotiated at a very high corporate level and are often 3 - 5 year engagements that insert the tenant rep brokerage firm on a national or even global level.You have a few options:Refuse to pay the fee outright and hope your deal doesn't blow up.

Write it up as a short lease and that renewal for July 1 2019 is dependent on section 8 approval by (insert date).

You can utilize reonomy to insert your buyers criteria and find relevant off market properties...

I'm familiar with the 70% rule but not sure where or if to insert the repair costs into my calculations.

I was curious how many of you have property management agreements where the PM has inserted a clause saying they'll be paid a specified % of the sales price if sold during the term of the agreement.

This way the owner isn't having to insert themselves into the equation.

Added a few text boxes & drew a few things in "paint" and inserted them.