Now that's flipped, which makes profitability on a simple rental much harder. 

They have a great bearing on your profitability, but they don't affect the rent.

It seems that this risks the posts getting more attention than if they posted a simple, professional, response.2) We are in no position to verify the truth or falsity of the posts on this thread, and are not responsible for user-generated content.

We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

If the deal is in a good area, well taken care of, generates income, and will attract good tenants then i wouldnt worry about anything else.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

We did a couple recent ones that were on market, fixed them up and got them to market after the remodel with a profit.

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

Generally all months other than Sep-Nov are profitable. 

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.