If you prefer to be hands-off with full-service management, then I'd plan on paying around 20% commission as that's pretty common.

Moreover, they'll push to close with their preferred closing attorney, which shouldn't necessarily be a deal killer.

Typically, the banks prefer to refinance one year after the initial purchase.

They often have a list of preferred housing providers they work with.

The other thing is for commercial loans the brokers usually prefer it to be bigger.

I’m considering having a lawyer send them a certified letter, though I know that will still come with a significant fee, which is still preferable to full service.

@Mark G.For my flipping business, I prefer to use fewer software programs to streamline things.

I have my (low maintenance)demographic that I prefer to cater to.

I don't include non paying Tenants because I like a small slice of positivity in my life and prefer to think I did our screening well enough that all our Tenants are paying.Cheers! 

(I personally prefer $2M/year and I think that cash flow is plenty enough to cover any mortgage risk along the way, but there's no doubt some people would feel more comfortable sticking to the $24,000/year and that's totally cool too!)