Without discussing or get an acknowledgement from me NREIG changed my portfolio coverage and jack up my premium across my portfolio by more than double.

Since they are not actually providing the capital, they have to pay a fee to a capital provider which affects the cost of rate. 

With that type of experience, I might target a fix/flip or HML that has experience triggers keeping your costs low and maybe even something like deferred interest payments or bundled fees.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

As a PM, I would be worried if a new owner did not ask me at least some of the following:- Company Specifics: first question should be are they licensed (how many properties do you manage, what type/class of properties do you manage, how many property managers on the team, how many years have they been in operation)- Pricing (what is the cost to manage the property (ies), is there a leasing fee (commission structure), is there an onboarding fee, is there an early termination cost, are there ad-hoc costs for maintenance, tenant screening, or miscellaneous costs - such as to appear in court if you have an eviction)- Service offerings (do you have a maintenance team, do you come equipped with a list of contractors/vendors, do you offer the software and portal access for tenants/owners, etc.)- Financial Services (you (owner) should think about what you want the PM to handle, if it is everything from paying bills to insurance procurement to P&L statements then ask that, if you don't want the PM so heavily involved in financials and just more on the surface level of the operations of the property then that is okay too!

Hey @Josh St Laurent, do a search as this topic as been discussed a ton.

We walked it, discussed numbers and they provided construction references.

From multiple discussions I've had and reading posts here, I think I also want to form a 5th LLC to act as a management company, so that I can have one business account and credit card to collect all rent and pay all the overhead and expenses (paying for meals, PO box, RE licensing fees, etc).  

It reflects the average rental income per booked night, including nightly rates and additional fees like cleaning charges, pet fees, etc.

I wanted to check how to best take advantage of NAR Settlement to minimize agent fees.