At 6% I’ve only saved $360k, but you would have saved $720k, an extra $72k/yr.

So, no extra cost to you for doing that in essence.

Quote from @Caleb Brown: Someone else asked but what would market rents be including the extra storage?

It was just an offer (costs extra) through a local lender I used!

A longer timeline will make paying the extra 2% now more attractive.

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

My name is Jayson A, and I’m thrilled to be here as I take my first steps into the world of real estate wholesaling.

I looked into the maintenance option years back to discover a trend of:  apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)

They don’t charge anything for these extra accounts, my tenants pay directly into those accounts.

I am thrilled to have access daily to accounting, tax planning, business planning and Law issues I can have addressed with a team that is working together to meet all of my needs.