It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I wouldn't buy anything in that area of town.Vacancy rates are low but that to depends on the neighborhood and the price you charge for rent.

Transfer taxes in the City of Pittsburgh are 4.5%, so I do not want to have such a high amount in the "Other Fees/Charges" category when presenting to lenders. 

We took the most time figuring out who was going to be doing our cleaning, as they would be the ones in there every few days, and would be helping us to understand what's going on at the cabin.We chose someone who:-Uses an app to interface with our calendar -- so we don't have to keep communicating about the schedule-Charges monthly instead of requiring payment after every cleaning-Is just REALLY easy to communicate with.

I found a couple but one charges a huge fee per month and the other one no callback.

These areas host professional tenants who know all the rules, and when all else fails, they will create a code violation and then call the city on you and tie you up in court.Second, rising property taxes make it difficult to purchase a rental property at a reasonable cost and still have room to charge market rent and make money.

if it includes, then you may not be able to charge the same rent if you are passing on the utilities to the tenants.  

Charging first months rent and 10% thereafter with a significantly lower occupancy rate doesn't justify the cost for the 'service' (or disservice) to us. 

@Gregory Stanley. how much you charge to do the paperwork on the owner paying and redeeming a tax deed from a buyer.

My daughter is currently a Freshman at an urban university and I have been interested in buying a property where she could live with fellow students while charging rent.