It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I don't believe they scan all the mail, but they might offer that as an add on (not sure).

Hi,

I have a motivated seller, and I'm not sure how to proceed.

The property in the MLS is listed as 840 sq ft. The seller says the property is actually 1254 with an addition he did a few years ago.
...

While a referral is definitely preferred throw out an add on Craigslist and Facebook Marketplace. 

Add on some risk premiums and origination costs, and you get owner-occupied Fannie/Freddie mortgage rates.

Which is better a one time pet deposit or add on to the monthly rent for a pet?

There is a garage built after the house but under the same roof (good professional add on).

If one of those options gets me from a small return into something with a much bigger return, say it allows me to buy more units or add on to better force appreciation than just saving or just selling, then I might also hold the condo for now to sell it in 6-12 months while I save.Best of luck!

I would add one more thing to the list above which is a great primer for sure . . . . that is avoiding ANALYSIS PARALYSIS.Everyone needs to be sure of what they are getting into both from an aquistion perspective as well as the exit strategies and everything in between but once you have run the numbers and had them checked by someone that you reached out to in advance or are partners with, you need to be ready and willing to pull the trigger. 

If things go well you can add one property every year or so if you so desire.