And, not confident of the earnings/industry in the area to feel good about LTR. 

I've never seen anything like this in 15 years of being in the industry.  

@Robert Zajac pretty sure BRB charges less than an 8% management fee, so just as @Nathan Gesner states, they are making up for being below the "industry standards" by charging more elsewhere.BE CAREFUL about PMCs that claim they don't charge a markup on maintenance - TIME IS ALWAYS MONEY!

Our industrial and commercial spaces have been much more lenient, but it needs to come into residential as well. 

I don't disagree that Airbnb claims can be difficult but this is all very common in the industry. 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

While building this business, I started making connections with others in the industry.

That Movie was dead accurate how that industry worked in those days..

Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor? 

@Carlos C.Mark Kohler is well respected in the industry.