What Are Your Fees and Costs?

I've calculated the mortgage payment to be around $5500/month with a 6.6% interest rate and 20% down so that means the property will be in a negative $1600 without even counting capEx, vacancies and other fees. 

Anderson charges $13,000 for first year set up for my situation then yearly fees (I stopped adding up the numbers after I was in shock about the $13k). 

Kareena, that's the marketing number, you really need to get the T12 proforma from them and check their underwriting, what's the NOI every year, their financing, their DSCR, their waterfall, their acquisition fee and their sensitivity analysis to interest rate changes.

I have come across a property that an owner approached me about purchasing off market with no agents because they do not want to pay the realtor fees. 

The hourly ones have expected completion times based on sqft and bedroom/bath sizes so they really cannot take too much of an advantage, and even if they did we are covered by cleaning fee (all of this has been factored in already).Most hotels staff in house to the point of their lowest occupancy months and bring in contractors at times of higher occupancy, so we are trying to follow this model somewhat.

.), and annual property registration that must be completed to not incur a fee.  

Any hidden costs you would add to this list? 

Of course, many more fees go into the final sale of the property but, I still believe it would still be cheaper than trying to buy a home in the US.

I owe $454k on the mortgage and after realtor fees/closing costs, i could net $200k with no capital gains tax.