Property managers have established vendor relationships and can handle issues quickly.Cons of Hiring a Property Manager❌ Lower Profit Margins – Management fees (typically 8-12% of monthly rent) eat into your cash flow, which can be a dealbreaker if your margins are tight.❌ Less Control Over Tenants & Maintenance – You won’t be as involved in selecting tenants or overseeing repairs, which might lead to decisions you wouldn’t have made yourself.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?

@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.

Private Money Lenders (PML): More flexible, relationship-based funding with lower fees.

I have done it with some contractors taking Paypal where you can use a credit card on that site with a fee, or QuickBooks is another one too.

@Orlando Johnson- If you were going with 6% real estate agent fees the $12,500 number is incorrect. 

In this case we are the renters of the space and did not have any reason to think the sq ft was calculated on anything other than actual measured space since we also pay a CAM fee.

I know broker fees are $500 so $12,500 in commission?

When you add on your new lease fees, lock box fees, inspection fees etc. the percentage creeps far higher.

I don't think he would allow someone that had to put the fee on a credit card.

Not to mention significant fee's on each, because cost's are spread across such a small pool.