I didn't need to add one because we're with in .5 miles of public transportation. 

I would post an add on BP on what your looking for as there are a lot of note investors who sell one-off notes to investors that typically have higher returns than FCI notes especially on the performing side.

Obviously, I'm not an attorney and I haven't verified this with one, but I've heard in my state you can charge a storage fee (equal to a month's rent) for holding their property, charge them whatever amount your lease says for releasing fee, and then add on whatever damages the deposit won't cover.

Add on management fee, maintenance, cap ex., vacancy and utilities not paid for by your tenant.  

to add on to what @Scott Smith said.

Hi BP Family, I am looking for multi-units to add on to my portfolio.

To add on to the last post, also make sure the seller brings (or credits) you with the security deposit(s) and any pro-rated rent for the current month that you close.Regarding lead, I'm not sure about your state, but in MD, rentals must have lead certificates.

Is the second story an addition or some type of unique add-on?  

MLS and Realtor association fees will add on another $800 or so, at least in my area.

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.