Cincy is high, but they're good and they pay if you have a claim. 

In reality I do pay some taxes so in excess of $500/hour.  

So to be clear the HUD FMR is only for landlords paying utilities?

Yes they can do averages based on what they saw on the last three remodels. but have zero clue as to the little nuances that pop up on every job.I would find a good General Contractor and pay him to help you with this.

My understanding is that fund of fund models allow capital raisers to evade broker dealer rules. 

I am ready to refinance one of my rentals to pay off the private lender loan I used to purchase it. ($85k) The ONLY thing preventing the loans from being accepted is the square footage of the house. (500 sf) Everything else about the house passes with flying colors!

I pay them interest-only payments allowing me to maximize cash flow.

If your properties are located in city with SB 721 enforcement mechanisms in place, I would contact the city for inspection guidelines and then find an inspector and contractor who understand those guidelines.At the risk of sounding undiplomatic, I have zero desire to pay someone $4K to drill holes in my balconies.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I pay them interest-only payments allowing me to maximize cash flow.