This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?

It is such a common practice for these management software companies to charge these fees, so I assume it is not an issue, especially since they are a third party and the fees cover more than just the credit checks.Any insight is helpful!

Great insights!! 

This will give you greater insight and what a property manager needs to do to efficiently manage your property once you are ready to hand the property over to a manager in the future.

The investor has to be gaining cash flow or equity to make it worth it.

As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.

Your insight is super helpful as I considered it to be more like airbnb to a certain degree.

This could give you more insight into their professionalism and reliability.Would you like help with crafting your questions for them or diving deeper into any of these points?

Whether it’s a mom-and-pop shop or a larger operation, I’m looking for insights into who’s buying and who’s selling.  

As the conversation progresses you will be able to tell if the agent truly has insight and knowledge or if they sell snake oil.