For example, most anywhere will get $700 room, $75 fixed rate utilities, $700 deposit, and then offer a 36 months, 12 month, or month to month lease ($350 fee if ending lease <90 days). 

Basically, refund any and all down payments, interetest charges, processing fees, late fees, etc.2) I beleive Dodd-Frank only applies to owner-occupied properties. - Hence why all the DSR loans we've seen have a required document the borrower signs that states the lender will start foreclosure proceeedings if the borrower ever occupies the property.Please correct me if I'm wrong or clarify anything I missed.

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

And I don’t know if they’ve ever given up a power they took or a fee they’ve imposed. 

At 18, start with wholesaling to find off-market deals and earn fees without capital.

In Land Investing Online there is a free support group as well as an affordable monthly subscription (I think $100) where you can share your deals for input from the other members. 

5) What Placement Fee did you negotiate with your PMC?

The fee you pay is actually to get access to all the training and to be able to submit to the Deal Genie for either Wholesale, or Fix and Flip Riches.

Of course our big motivation is commission but you can get commission or a referral fee or something in an off market transaction if done properly.