But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

Most of the PM work is done on the first 3 months of the management, then we can recoup our expenses. 2. this Is legally required.

I am having the exact same issue right now.

Give some examples of the Italy issues.  

The issue is that if they say no, and no one else bites, I've shot myself in the foot. 

So even though I lost a deal and commission I won loyalty and a client for life and became very valued as an agent and very successful by getting the money that was deserved and obviously, rightfully, morally and legally due to her.  

A couple issues with Credit/income on paper.

I know some might disagree.The challenge is if someone applies and meets all your criteria and you reject them, I would hate for you to end up in some legal hot water.

We went from buying light rehabs to buying major foundation and mold issues to make numbers work until even that did not work anymore.

Usually b/c if the deal is so amazing, the money is rarely the issue, and b/c those people that do have the money thus get to cherry pick for the 1 in 10 or 1 in 15 that is the MOST amazing of "amazing deals."