Because it is an investment property, you would pay all fees, including appraisal.

The fixed expenses include Principal, Interest, Taxes, Insurance, and Association fees if in an HOA.2.

Broker fee on that loan size is usually 2.5-3 points.

Hey @Keagan Scott, so I don't have any insight into Gary, IN but here is a blurb -"Those looking to rent out their properties for less than 30 days (about 4 and a half weeks) will have to get a permit, pay a one-time $150 fee, and have a city business license.

The price points along with the insurance and HOA fees made it not a viabe option for us on our budget. 

I manage MTRs in NC and SC - our SC properties still cover their costs and then some in the MTR space even after my management fees.

You let it slide, waive the late fee, and she pays by the 10th.

Once you pay realtor fees, closing costs, sellers want 10k for points and concessions.

A bad manager can quickly turn a promising investment into a headache.Pro-formas look great on paper, but if the property isn’t managed well—poor tenant screening, long vacancies, maintenance issues, or hidden fees—those projected returns can disappear fast.

That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.