There's also plenty of lenders who falsely represent the true capital requirements to originate their loans or are merely up front fee collectors. 

Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.

HostGPO charges you a fixed monthly membership fee.

Lastly, there will be no management fees!

More likely, he is hoping to use the extra time to collect more rents and thus more fees to generate the funds to pay his owner clients:(

There are plenty of resources online including anderson youtube channel, few other sources are :https://wcginc.com/kb/ and https://wcginc.com/fee-structu... -- They have fixed fee structure to compare with anderson advisors without any blatant selling tactics https://www.kbkg.com/" class="redactor-autoparser-object">https://www.kbkg.com/https://go.empiretaxusa.com/61...If you attend any tax-wise or other 3 day events with anderson which costs $197 + travel expenses you will get enough knowledge on how they operate and you should be able to understand what LLC structure is beneficial, also they have a large collection of online videos with plentiful of information on youtube and tax tuesday webinars.

Fees are really low too. 

Is the PM investing in or in some other way financially committed to this deal (beyond the fee)?  

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal. 

He showed me what I needed to do step by step, of course this came with a fee.