So, we now find most areas where the cost of PM leaves but the general real estate passive investment ROI for the investor hiring property management.  

I'm going to say it depends on what your intended use is for the space.

Most PM software allows late fees to be charged.Ours allows us to absorb the cost of tenants paying electronically thru the software - it usually wants to charge tenants, but we want them to pay electronically.We manually charge tenants a Processing Fee for mailing in their rent, a slightly lower Processing Fee for depositing to our bank.Your success will depend on the Class of your tenants.

Depending on your states statutes and because they are on a month to month, give the proper notification that xxxx change will take affect starting 30,60,90 days from now. 

The rate will be slightly higher depending on the leverage and PPP.

Essentially it's totally dependent on the terms/risks that the buyer and seller are comfortable with and everyone understands the transaction. 

Just depends on the area. 

It's works most anywhere- but not everywhere that rental real estate works well in. 

@Will F. some of this will depend on what you have to lose if you were sued.  

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