The bottom floor is a permanent STR.At this point, living on the top floor of an STR no longer fits my life and while it has been somewhat profitable depending on the month, I can no longer handle the hassle of management and would be taking a loss if I used a standard airbnb property manager. 

Such as a management systems, best rent collection service, laws around notices and evictions, a standardized lease, etc...  

Is there a standard amount or is it tailored to the project ?    

Are you providing a service to help the tenants abide by the contract and basic living standards?

My ideal is to have a system or a standard in place to maintain discipline about procedures.

I generally avoid wholesalers because my experience has been that they are unwilling to use a standard purchase agreement that is fair to both the buyer and seller and they do 'shady' stuff.

NCREIF (National Council of Real Estate Investment Fiduciaries) is a member-driven, not-for-profit association that improvesprivate real estate investment industry knowledge by providing transparent and consistent data, performance measurement,analytics, standards and education.

Here is an article that discusses it somewhat. https://www.parealtors.org/blog/appraisal-changes-coming-for...So, some finished spaces are not not counted as part of the GLA based on a standard, which is fine.

I dont only buy foreclosures through them I use them to make offers on standard listings also.

yes it would take a retooling the industry and industry standards no doubt..