I was told they flat out said no and the student was pissed.

For some investors, doing a flat % isn't logical because a roof for a 1000 Sq ft SFR in a D class neighborhood will cost just about the same as a roof for the exact same house in an A class neighborhood, but the A class rent will be 2-3 times more than the D class rent.

Those properties never made sense the day they bought them and debt service could not be covered by the rental income (if any).(2) this is the flat (linear) Memphis market and in neighborhoods where there is virtually no appreciation or depreciation.  

Some charged 75% of rent as tenant placement, and $90 flat fee monthly for management fee (I actually think select PM quoted this to me...?). 

LVP may not want to stay locked together if the floor isn't close to perfectly flat.

I've been investing in long term rentals for over 26 years and when I first was introduced to STR's I was very cautious because I flat didn't believe the claims of income or expenses and it is just such a different animal than long term rentals.

I knew few flat-list broker that only 3 agents and charging 9k flat only to sell.

They do either a flat fee or contingency, your choice.

To date the regulators have not given adequate guidance, or just flat out banned, many technologies.

(they do charge a flat $2 for ACH, but tenants will pay that).