Be very weary of anyone claiming that and then asking you to send application fees and such to them.To operate in FLA as a flipper where you are buying distressed at 250k+ you better have 100k - 150k liquidity at all times.I am doing a refi for someone on an STR in Miami right now. 

I'd love to do some birddog work in return for a fee for the find and the privilege of watching how the game is played.

This splendid financial tool provides lines of credit ranging from $2,000 to $250,000, with low monthly fees for six-month loans all the way to 24-month loans. 

When I found deals they would partner with me and either buy the deal from me and pay me a flat fee, or we would partner on the deal and I would see it through till the end.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

She found us a home that hit our specs (including a wonderful landlord allowing us to sublease) and charged us a finder’s fee of an entire month’s rent (18k).

Florida has been top of our list to invest in, however with what is happening with HOA fees climbing, insurance increasing and the new legislation for condo taking effect in 2025 we are going to sit back and watch for a bit.We live in Calgary and have been looking at Arizona and Montana as well, Montana is close for us.Sharing your contacts would be greatly appreciated.Thanks for the help

Even a 10% PM fee would bring the cash flow down to zero.Q: Why not rent the midterm as a traditional rental, with a property manager?

I also need to figure out how the cleaning fee works and other details like should their be a minimum night stay requirement.

Aside from that, you'll need to pay management fees each month which cuts into your profit.