The proposal could reduce stress for landlords, ensure smoother transitions, and improve communication with tenants.Additionally, the proposal includes a 5-day grace period before late fees can be imposed.

Your $400 set up fee seems low for all you've listed. 

in the future ( since its obvious you dont believe you owe a fee for this neighbors purchase) A Savvy seller will exclude certain people companies entities from the listing agreement.. there by making it clear that if someone you know or have been talking to decides to buy you owe no fee..

@Pedro C.It depends on the value of the property but for the typical basic property it’d be something like say $2,000 set-up fee and say $550 yearly maintenance fee.

In my experience, only about 75% of these huge closing credits can actually be utilized and the majority of that goes to egregious "upgrade" fees to the builder anyhow. 

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

It cost me about $15,000 in legal fees but I got off the deed and received some cash from the sale.

They create some online content and a FB group with all the victims and some of their admin people and sell these courses (docs)  for a huge fee. 

An acquaintance of mine who does property management recently told me that there's some hack for paying off your mortgage sooner by paying the monthly fee in 3 chunks within each month.

If you're going to lose a lot of money the realtor fees are the least of your concerns. 3% on a million dollars is only 30 grand.