It is a weird item to get around licensing.Think of it this wayI have to be licensed to fix brakes on someone's car, however I can fix my own brakes legally.I don't get licensed but I want to fix your brakes for a fee/costYou sell me your car for 2 hours and I fix the brakes then I sell it back to you for the cost of the car plus my "fee for getting the brakes done"...

No origination fee, there is a 450 "appraisal" charge that goes into closing costs if I choose to use them.

@  Stephen Gantz,You also need to find out if there are any HOA fees?

You're most likely responsible for the AC, water heater, and anything "inside the box" like plumbing, electrical, flooring, kitchens, and bathrooms.If you find a cash flowing condo, the only real concern in my opinion is shifting HOA management and fees.

Management fees?

It is honestly too hard to tell given I don't know what original site conditions look like, how much dirt has to be moved, are they having to import water to assist in compaction, how much excavated fill will have to be disposed of off site, concrete costs per cy including all fees to deliver, rebar costs, pumping or no pumping, -- looks like you are going to have 2 mobilizations,,,, one for the footing and the second to pour the slab..... there are a lot of variables here..... 

Hello,Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fee for background and credit check that is set by the state.

If the listing is on MLS then I would get an agent and have them run comps (CMA) and get there 3% fee which is paid by the seller If it's off market and they won't pay the realtor fee - You could pay a realtor $125 for a BPO (broker price opinion) to get a more realistic value.

Is there a simple idea of the fees that might be involved for setting up these business accounts?

Multi-Units frequently have a single metered water service and the LL pays water.City Trash (plus sewer fees if any) are also paid by the LL.Other expenses include:PMI (if you're paying this, you didn't put enough downpayment)Taxes & Insurance (if you pay PMI, then the lender WILL wrap these into your mortgage payments)mileagepest controlprofessional fees (CPA + City Business License)Legal Fees (Evictions & Collections)yard maint.telephone serviceutilitiesmortgage interestHOA fees (if any)repairsInternet Access ( a] if you provide access to the local carrier & b] lease prohibits personal accounts)