HOA for back fee's if any and see if they have any violations ..

LTR management fee is 10% standard with PMCs in Indy.

-- was looking at condos- crazy HOA fees there.

Many of them also charge fees to the tenant that you don't receive effectively taking an additional portion of what you could be charging in rent. 

I use a PM because…I don’t want to get sued for a fair housing violationI don’t have time to keep up on law changesI have no real idea of what a property could rent for compared to someone with 1000+ rentals under management.I’m too nice to charge late fees, or increase rent maximum amount each year. 

Because a large percentage of the charges are base fees that do not change based on use!

Moreover you don't have to pay any fees, commission or standard closing cost either.Let me know if this interest you.

To start, these are the fundamental underwriting inputs the GP/Syndicator will be making when arriving at their offer price:Management Fees: This will be very similar to any other bidder who relies on 3rd party management (and generally more expensive than a local operator who benefits from the efficiency of managing an existing local portfolio).

Just my opinion but one residential property per LLC is an overkill in my mind and just ends up costing a lot more money down the road in administrative / accounting fees. 

Basically just add the cleaning fee to the nightly rate?