It takes time to get to know folks, longer for them to trust you with their money, but when you reach that point the word spreads and your money problems can be over so long as you know what you're doing, never allow any investor to lose a dime and produce what you promise. :)

Depending upon the State, application fees can be limited to actual costs or a fixed number, like $34.Like those cable bills, people H A T E nickle and dime charges - - strongly suggest you devices a $XXX all-in pricing. 

Excuses are a dime a dozen .

You aren't considering the risks of your investing talents, you can lose every dime in a note if you screw up, much harder to do that with a rental.

Like @Ram Srinivasan mentioned you will to check on other fees they may charge as some will nickel and dime to death also extensions are important as well as no pre payment penalty fees. 

Therefore, the seller contacted a Realtor and they took a look at it, promised the seller they could get X in their pocket for it and not have to bring a dime to the table.

P NW has a good point here, don't advance a dime!

As have been pointed out by others there will be a Larger initial cost to rent and then turnover cost when using 3rd party management due to the way most nickel and dime you and add their markup to the cost to ready property to re-rent.

If it was easy everybody would be a RE investor .look Your just getting started and  The first two years is the hardest of any business in fact many of the great entrepreneurs never made a dime for the first several years but we never hear about that part when we read about their success Today 

Why step over the dollars to pick up the dimes?