I was going to also increase their late fee significantly or to accrue daily, but a new law in CT just set the limit to $50.

The company system, think of that more as the set-up for things.

But the agreement made it very clear I would not set up a PM because my brokerage has an existing PM arm.

Property taxes with the exception of no income tax states tend to be way, way higher in cold belt states.For development the entitlement process tends to be longer in cold belt states.

It was enough extra money to keep them interested and you set all the showings for the same date and time anyway so it's a few hours a week when there is a vacancy. 

Our company is set up to where we built in much, much less into our pricing than that big lender does and we pay out a lot more of the revenue to the MLO.

Great thing is, you have the capital set aside to fund future deals!

Also, it takes time to set up a property as a STR, more time than most people realize!

Basically, its a lot of work...Some may be reputable, but not offer a "great experience" like any other vendor.I know this isn't the greatest set of answers, but I hope it helps some. 

Everyone,  let me make the reason for this post clear.A LOT of you all are getting fooled into believing that  to become successful you need to lie to sellers, , low-ball sellers, cold call people, DMM, people, and spend a fortune and a ton of effort into intrusive marketing, marketing to people that never asked and/or are completely not interested in your services.EVERYONE, and I do mean EVERYONE, pay close attentionThose who know me know I have a very loud voice advocating against those practices.