They take 50% of the lease value then add on top of that expected repair costs, insurance and tax. 

What does it take to finance a rental property such as cash reserves, closing costs, add-ons, etc.?

@Victor Tatyanin property tax in Indianapolis is just north of 2% for investment properties and could be more if there are add ons in certain areas.

Then add on other things as you grow.There are two ways to go about marketing/advertising your business...You can go a mile wide and an inch deep, which would be large scale marketing such as blanketing an entire neighborhood with direct mail, door hangers, using billboards, radio ads, TV, etc.

There is also a single electric baseboard heat in the bathroom (the bathroom looks like it was an add-on at some point).Hot Water: Boiler heated by gas, installed Year 2000.

Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a step please add on it thanks alot. here what i got so far if any additional step are needed please add them in for me.Step 1: Get Educated Step 2: Commit Myself To This Path and Go For It.

The other part of this is that all the marketing budget doesn't have to be upfront but I would encourage you to figure out everything you'd need money for and then probably add on a 30-50% buffer because there's going to be things you don't know about just yet.  

@Elizabeth Aguilera I came across their add on the internet as well.

Just add one more line next to assignment fee stating how much should go to agent as commission?

I've also sold them in the past and need to add one twist.