Add 0.4%.So we're looking atBase fee: 10%Tenant placement: 4.2%Renewal fee: 0.5%Inspection fee: 0.4%Total: 10+4.2+0.5+0.4 = 15.1%Of course, this will vary across markets and between PM's.

I looked into a couple here in Columbia and the regime/HOA fees were ridiculous to say the least.

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

I put vacancy and Capex at 5% for 116/month and repairs at 10% 232/month. wasn't sure about these numbers with condo fees.

The free service, for landlords with two or less properties, tracks expenses, profit/loss, etc. of your rental properties ($50 fee if greater than two) but it requires linking accounts in order to automatically track and categorize expenses for you.I’m always uneasy when a website requires linking bank accounts.

Note - Kansas City Missouri is getting very landlord unfriendlycurrently, you have to register as a landlord and its free but they also just passed a new ordinance that starts in January that requires you to register for a fee annually and be subject to tenant complaint and random interior inspections.It is my understanding both with run side by side, which seems stupid and redundant.They are also working on a new 5 year housing policyOne thing they are looking at there is that you will not be able to discriminate based on source of income. 

Why not do the 5% down home possible loan - it has less fees and solves your problem http://www.freddiemac.com/homepossible/eligibility...

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

Does anybody know the app that let you choose a person to do tasks for me like drive by a property and do a small report to the condition of the house for a fee

To enforce it, they were pushing a landlord license where you have to pay a fee and list all your properties and then if you didn't combat tenant issues, property upkeep, etc. the way they wanted, they could revoke the license for ALL your properties.