I think my fees are high until I shop around and then I am thankful. 

If someone doesn't pay their rent, then it can take over a year to evict them, and then I'd be left paying that mortgage and fees for a lawyer, etc.

If something breaks even now, what could it look like in that time period with rising rents, possible refinance if/when rates go down (lenders are offering these with no fees!)

I looked into the maintenance option years back to discover a trend of:  apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)

The right attorney on their side can put you in a position with legal fees and everything else until you are just forced to settle.

Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

You can probably beat $2000/year insurance, but the management fee should be 10%, you need to factor in turnover too and 5% is probably not enough for both maintenance and turnover and I assume you added it, but you didn't mention property taxes (which have been terrible in Jackson County lately since Frank White decided to jack them through the roof). 

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.

@Florian N.At an upset sale, what @Ben Corby buys is the fee simple interest in the property subject to any existing liens including Ocwen's mortgage.

I find condos/townhomes to be easier to manage out of state because the HOA handles a lot of the maintenance, just be aware of condo fees and find a place that is reasonable like $300-400/mo or less if you are lucky.