We used Anderson Business Advisors to set everything up properly and have not regretted the couple thousand we spent, as well as the monthly fee for them to keep up all our legal and give us unlimited access to attorneys.

You don't want one of those even if it is tempting to go with super low fees.

Noah,There is another factor at work along with the Condo HOA fees. 

But that gives them ten years to continue raising money for other deals, charging fees and getting rich.

Most property managers will procure a tenant for you for a fee and you do not have to sign up for them to manage the property.

I took advantage of that for many years, but many people think that with the ongoing exodus of people from Cali, plus the continually increasing taxes and fees courtesy of your Governor, that Cali could very well start to fail.

Actually, I have a base rent price and an additional utility fee.

By buying the company, you can avoid certain costs like mortgage reapplication fees, title insurance renewals, and some legal fees.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.