There is no PM fee after.

what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

Also there is a management fee to pay for all of the above.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

As you get larger, you can typically get better management fees, but you typically won't shift from a flat percent to percent + payroll until you get closer to the 40-ish unit range.

However, it increases costs and administrative work, like filing fees and bookkeeping.Tax-wise, LLCs are pass-through entities or disregarded entities, so profits and losses flow to your personal return, but managing multiple LLCs complicates filings.

I would consider offering an incentive like a free application fee, or $50 off first month, free parking for 3 months etc.

A town in Illinois doesn't have any hidden costs just by it being in Illinois.

Access to MLS is one of the best reasons for investors to get their license since it's such a low bar to entry and low annual fees for that and access to all dumps on the market.

What are fees associated with the Qualified Intermediary holding onto this money?