Yeah, the housing is not up to the standards that you or I would live in, but you always have two choices:  Upgrade and charge more, or don't and charge less. 

They also place a tenant, usually before you take possession, so it can cash flow from day 1.You can finance with conventional financing upfront. 

Where it starts getting more costly is when it is time for them to pay the application fee (we charge $25 and keep it only if we process their application). 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Full charge escrow officer and a title officer keep you out of trouble .. and realtors are suppose to know the line between broker and practicing law.. 

Know your comps and visit them to not only ask what they charge but also to get a feel for the quality of the units, renovation level, curb appeal, functional obsolescence, etc.  

As the Property Manager for a landlord, do you folks charge extra for any repair projects or maintenance calls that require on-site supervision and time spent above the normal call of duty to see the repair or maintenance through?

Is there a way that I can charge this back to our LLC legally?

Up/down double $57,000 purchase price (hopefully less)PITI = approx $500/mo with 25% down conventional loan$14,250 down + closing costscurrent rents total just over $1200/mo for both - leases in placelandlord currently pays about $200/mo for water/sewer/trashI figure about 10% vacancy and 10% maintenance which leaves me with about $400 monthly cash flowThe two major concerns I have are that it needs a new roof (tear-off) and that it has a funky layout.

I will be in charge of all numbers, calculations, finding deals, talking to contractors etc.