Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.

For example, my cleaner and handyman at my STR have separate cards so the only thing that ever gets charged to that card is that expense.

We are new so funds are very limited, is there a process you guys use to make sure legalities are set up right, and can they charge on the close of the deal?

I'm having to offer this as a fully furnished house to be able to charge a premium on rent just to get close to the mortgage.

This is a crucialrequirement.Prepayment Penalty and Loan Duration: Will you charge a prepayment penalty? 

The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.

Many guests are fed up with all the chores AirBnb hosts require of them while charging cleaning fee. https://www.buzzfeed.com/alexalisitza/checklist-fees-screens....

Especially #4 about durability.Do you charge your clients a flat fee based on size/price per sqft for your services, or % of spend?  

During the escrow/title process, you are finalizing loan documents, reviewing title documents (HOA disclosures if applicable, title reports, etc), obtaining homeowner's insurance, and preparing to wire your funds to title. 

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.