Each year they adjust it up or down based on actual usage of the previous year.Let's say you get an average of $600/month. 

I spent a winter in Palm Springs and brought my plane down there and you talk about some wicked winds ..

You’d be shocked by how little actual screening many PMC’s do!

Interesting, I always wondered if it actually affected the listings.

Otherwise, no complaints and some mentioned it was actually (very) comfortable.

Or is that actual so you have the ability to add more to the bottom line? 

Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

However, many appraisers (and realtors, and the general population) believe that it does need a closet in order to be considered an actual bedroom - I have no clue why - it is not part of the building code!  

Actually, even the rent she would pay would be essentially a forced saving that would eventually come back to her.