Open ended contracts, particularly verbal ones, usually end badly.

Prepayment penalties- usually 1-5 year terms.

Usually having a servicing company helps the lender to consider that.  

My experience is the min is around 15%, but I've read some posts on BP that some lenders can offer a lower minimum (but that usually means a higher interest rate).

Fund of fund raisers need to do a much better job including descriptions of both double promotes and possible implications for LPs investing through a fund of fund vs directly.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

Rents for medium term rentals usually range from 1.5 times to 2 times the normal rent for a place.

An LOI isn't usually a big deal and I've had properties ask to sign one before a viewing and there wasn't anything fishy going on with those.

Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

I find that usually weeds out any problem guests.