It's possible to find them without prepayment penalties, but the tradeoff will generally be a higher interest rate and/or additional fees (points). 

In many cases, you may also find better rates and pricing than big banks. 

Any individual agent is unlikely to move on the fee that they charge.

I visited Cleveland years back, and to me the east side of the city was older, higher cap rates, and lower price per unit, but harder to manage.

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

We used to do pet deposits, but now we collect a one-time "pet fee" upfront that is designated for damage repair and cleaning on the back end. 

However i have a few questions to make sure my numbers make sense.I have spoken with a lender and estimating 8% rates.

It's going to be difficult, in my opinion, to sell these notes at 3% rate.

I was thinking about putting down 10-20% in cash and then seller financing the rest at 5.0-6.0% interest rate over 30 years. 

They say that upon the completion of a deal, they will refund your membership fee back to you.