Variables that might change that number would be size of house, number of beds, extra duties you want the team to do (like fetch supplies) and perhaps the drive to a remote area. 

Also in case of fire or flood, I know a regular homeowner's insurance will have no problem covering it.I have been wondering, if the local regulation doesn't require it, why do we need pay thousands of extra for STRs? 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $110,000

Cash invested: $60,000

Sale price: $225,000

This property has 2 units and 2 storage units creat...

.- Hefty penalty on either one of the parties for early termination of lease Owner plans to invest some of his own money to upgrade/refurbish things?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Most of my clients stick to private money.  

Thanks @Brian Ortins our agent has been great to work with, she definitely takes the extra steps needed to get them sold. 

Connect with The Hard Money Co, Mach1 Lending, MGM Capital or Plan B Homebuyers. 

Does anyone have a hard money calculator that they can please share?

Tell him that you are running out of funds and you hadn't planned on the extra 20% he's charging on each bill.