PM companies are sometimes going to tack on GC fees for things like this (in the 10% range) so that could have factored in.

I don't know too many people that would say no to a few extra bucks just to drive by a place.

Just make sure when you analyze the numbers to factor in all expenses (ie. maintenance, vacancy, CapEx, taxes, insurance, property management fees, etc).

hey fellow investors hope all is well , I am fairly new to real estate investing. as i was driving for dollars I found a lead for a house with a motivated seller.

Some properties are turnkey where factors can determine whether your knowledge base will suffice or you need a more in-depth view others are heavy deep renovations where it would be a best investment protection to know what you don’t know; possible septic issues, roof, mechanical electric... then it’s best to get a pro if your a pro or have one. 

I also do the driving for dollars thing sometimes, and I'll look up the property owner on Facebook and send them a message!

I have properties that range from about 40-62.5%, it's all property dependent with rental price being the biggest factor... higher rents, lower expense %... that $4k HVAC costs the same wether the place rents fro $1k a month or $500 a month, but you're looking at 4 months vs 8 to pay for it. 

The properyt I am currently looking at is on Linn Drive Glenville, is this a war zone?

Your circle of competency drives the "risk" (probability of losing capital) of each asset. 

I am also downloading those podcasts for my drive to/from work.