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.

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.

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

@Noah Margate, if I get seller financing, I don't have that mortgage show up on my credit report, I can negotiate the interest rate with the seller, I do not require an appraisal, origination fees and other "junk" closing costs. 

(Lender can quote you a 5.99% rate with no points and then change it to a 7.125% Rate with a $3000 legal fee and points a week before closing) 2.

Usually title fees and transfer tax.

Charging a fee for a technician visit for any appliances diagnostics.How do you set the expectations from the start to avoid people with incredibly high expectations?

.$1,000 per violation and per day if you manage properties without a broker.I know if folks managing thousands illegally in Toledo.If only I was a whistle blower hehe10% fee from the total fine isn't a bad pay day, right...?

Truthfully, if the fee wasn’t so high, I wouldn’t even bother with this and maybe just take the leap of faith. 1.