But you don't get all this money up front because they want you to have skin in the game.

Podcasts are awesome, I download them to my surface and listen to them on my 25 min drive to and from work. 

Take photos of every surface, inside and out, including close-ups of every defect and imperfection.

Also, I would want them to have some skin in the game, so instead of just paying them a flat fee (say 7 - 10% of gross rent), I would prefer to pay a smaller flat fee, but give them a bonus if the property each year generates a profit above a certain threshold (say give them 30% of profits above a 5% cap rate).As someone who doesn't know as much (yet), I feel like this kind of partnering makes sense to align my property managers incentives with my own.

Just doing the math this thing puts out $20,000 a year so it seems like a really good deal on the surface with a return on assets of 33% which is really good. 

The less skin you have in the game, the more expensive the money is going to be. 

Looks good and for $200-300 a nice looking solid surface.

@Wayne Brooks  reading between the lines this could be a classic case of the buyer not understanding the difference between EM deposit and the down payment.Its very conceivable that the broker is conveying to the buyer that the seller wants 40% ( down payment) not EM deposit and the buyer is confusing the two.. this would be extremely common place in a seller carry back transaction... seller wants to know there is significant skin in the game etc. 

If it is only on the surface of the drywall and not behind inside the walls this is a simple and inexpensive mediation only requiring washing down of the wall surfaces.

Another side note, is that most wholesalers don't have any skin in the game.