Another option is to check out the HUD guidelines for "rent reasonableness" in your area which will break down by metro area and size of the building.

A typical home inspection should take about 2-3 hours minimum, depending on the size of the house.

Glenn,Having invested in residential real estate for more than 20 years, it sounds like you kinda just got a bigger sized residential property.

Any breakdown as to the your deals vs. the sizes (under $5MM, between $5MM and $100MM, over $100MM)?

I can think "nicer average size new kitchen from scratch" - roughly 8k plus labor.

You could also rent the same size home in Los Angeles for $3,000/mo and the total operating expense would be much lower than 50%.

The selling prices, after adjustments for differences in date of sale, size, condition, and location, would then indicate the estimated FMV of the donated property.

[size=24]Keep It Biggerpockets!

In fact, if you look at a chart of historic real estate prices, you'll see that after every bubble, prices have dropped, taking about 2 years to reach bottom.

There is no way to determine how much a broker/lender earns because as the other poster has indicated, there are several ways for a lender to earn his/her livelihood...Junk fees, YSP and SRP are just a few ways lenders generate income per loan...Further complicating this issue is the current disclosure laws in place; brokers are required to disclose YSP, while lenders do not have to. 4.5% is ridiculous regardless of loan size; I bet your current broker loves you!