Originals were 1 mega pixel, now up to 4 meg.

After 2 weeks of forms and all kinds of little add ons to the fee schedule that magically seemed to appear with each new form packet, my wife and I simply told them no thanks..we were tired of the games.

Hello everyone,I have reviewed a CAR property management contract with a company and they have 5% written in the line that states “ an overhead and service fee added to the cost of all work performed by, or at the direction of,  property manager”.

@Ryan NunyaYou are correct that short-term rentals are a different animal for tax purposes than purely "rental" income as noted in the original post. 

Here is how most work:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

There will be a rise of flat fee brokerages (offering limited services) and creative compensation arrangements, such as RE consultants for time or a specific transaction.

.$2400 - $1265 = $1,135.00 This property is self-managed by an investor locally so no management fee.

I live on the beach (originally from, LI ) in Fl and do all my biz in Cleveland.

I pay a 1,000 finders fee to anyone who brings me an unlisted property that I buy.

I would not recommend you to buy , and thinking of exiting out in 18 months (because you would lose money just on the agent commission and closing fees).At least buy and hold for 5 yrs to see how it goes.