Its normally fee service providers who are the greatest advocates of the program, whether it be agents, PM's, coaches/gurus. 

(Or more likely that balance plus every late fee, penalty, escrow shortages, and anything else the lender can declare owed.)

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

I had a local bank provide a 1031 without fees. 

Also who pays servicing fees. if curious to learn more reach out. 

Of course they are going to have bad credit or they would be looking in a better area.Another thing you may want to consider to drive more applications is to not charge the application fee.

If anything explain that there is a fee on top of a lifetime charge (which on its own is kind of weird), but okay. 

My partner and I don't get a cut of any of the money invested, it's a flat-fee membership club.

It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?