Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

. $3500 flat fee plus $350 retainer is just too much to give up when all I am asking for is to get it on the mls.

If people want to hire you & your group is there a retainer fee that's immeadiately set up, then a fee per deal at a fixed % of the transaction.

If I "share the deal" yes I make less on that 1 deal, but I retain Bandwidth for more volume, to act upon more opportunities.

Conduct a thorough inspection to assess the true condition of the property.High Vacancy Rates: Excessive vacancies can signal underlying issues such as poor management, undesirable location, or an oversaturated market.

Even after meeting their demands, they still find ways to nickel-and-dime you, such as charging exorbitant fees for retaining property photos.To add insult to injury, their customer service is subpar.

Consider converting one property into an STR while retaining the others as LTRs to establish a stable income base, taking into account your willingness to manage STR responsibilities, local regulations, and financial projections for each property scenario.

I'm not a huge fan of the 3 way split - if the current owner is going to retain the properties, but you are going to rehab and manage them, and then you have another person fronting the money to fix them up.  

And, if the home has, at minimum, retained its value then 8 years in loan payments should have reduced the debt therefore creating a potential profit when sold. 

Initiating a conversation with a seller by presenting an offer under these terms can raise concerns, signaling, "I lack funds and need a favor."