The fee is typically 10% but can be different, of the amount that they "secure" for you.  

Whether services are included in the rent or left to the tenant is a matter that depends on your preferences and the terms of the agreement.

You need to know what is typical for that sort of asset in your market.

A service animal is never considered a pet. 

@Terri B. it's typically overkill to try to protect an asset by leveraging it this way. 

When I calculate an offer on a property, I typically look at the potential rental income and subtract from that all operating expenses such as taxes, insurance, management and maintenance.

It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

I know financing a mobile home with typical methods (conventional, DSCR) can be tough or entirely infeasible so way to get creative!

A reverse mortgage can be paid off, but the parents may have trouble obtaining financing as typically a reverse mortgage is received when borrowers have trouble making monthly payments and have little income but lots of equity.

There are nefarious people in all of them that are looking to take advantage of OOS investors:(Typically, they try to sell you a Class C or D property, dressing it up to look like a Class A or B property.You don't really have to worry about that in the suburbs of Detroit, as most of the areas are Class A or B.The City of Detroit has 173 Neighborhoods, 104 of which we've classified as A, B, C or D.