Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.

Example: $500k home sales price, typical buyer agent commission of 2.5%, meaning buyer agent commission is $12,500.

PM companies charge a lot and if you don't have multiple rentals why pay them? 

It is NOT a 'pay your money, here's your course and see you later' situation.This is a group of likeminded individuals that are all working towards the same goal and are happy to help each other grow and make it too.

Vetting tenants on my own to avoid paying broker fees is the way to go

Was that a past career in sales, management, or something related to real estate?

We take care of the entire process—from sourcing and purchasing properties to managing renovations and the final sale or rental.

But if this is a one-off, it's probably better to pay a local co-host who already has the local connections.Talk to @J.

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.