If the central issue is permeability of rentals, a simple inquiry of the Selling agent or a review of the Rules and Regs should answer that question precisely and expeditiously so that you aren't waiting/wasting time and money to inspect and appraise only to find out that there is a rental cap or prohibition.

The author precisely described large, long term problematic issues in the country as well as simple, realistic and economically accurate solutions.

% of lot rents, maintenance mark up, placement fee?

Some things I've learned during researching rentals compared to the east coast and here out west is placement of multi families.

Thank you.Having most or all of your equity stripped in a chapter 13 bankruptcy is precisely the concern I had.  

On the other hand, you could save that placement fee (assuming you win the negotiation) and then see how the communication is, and decide then to fire them or not based on that (if you do that route, make sure you approve the tenants they want to place in there...none of saving that fee will be worth it if they place bad tenants).

Or are you a Union member who gets placements at a guaranteed hourly wage when a company needs you ?

If you plan to buy commercial properties requiring commercial financing or a Private Placement, don't choose something silly, sounds unprofessional.

I have a few calls out but am getting hit with higher rates (10%) along with full month rent for placement + $350 fee's to advertise and +$100 for lease to be drafted by lawyer.

Can you help me to come up with estimation of the 1st year, maybe the 2nd year and 3rd year of a Property Management Company for the following costs:  operating capitalsalaries and wagesinsurance premiums/prepaidslegal feesaccounting feesrent depositsutility deposits office suppliesoffice equipmentadvertisinglicensingAnd : Revenue: Income from rentals (percentage of gross rent)Income from agentsIncome from property mgmt. services (finders fee, tenant placement, evictions, collections, repair management, etc.)Other income (late fees, interest)Assets/Liabilities: CashAccounts receivableAccounts payableLong-Term loansPrepaid expensesOffice furnitureOffice equipmentOther fixed?