dependent on your level of risk. depends on state fees as well.

If they apply by email, I send them a lease on Apartments.com or Avail.co (a lengthier process, but sometimes tenants like to avoid the Airbnb fees). 

It's the same work to do a $55K loan as a $500K loan so the fees will be higher due to the loan amount but will still be much lower than what a lender or broker gets paid on a higher loan amount.

As per my last post I am looking to purchase my first investment property.

Appreciation over time over the last 40 years has been around 5% per annum (per FHFA) so, is real estate a good investment?

I get your post and the dilemma with your brother, it may not be an "investment" per se.

That is why they are probably pushing hard to get you to accept this applicant.Another option for you is to negotiate a fair Termination Fee and then have them turn everything regarding the applicant over to you to review and sign YOUR lease if you decide to continue.If you want to be cheap, then they'll probably keep pushing back and make this messy.

But until the new listings rates gets back to closer to 80,000 per week in March, we’ll be below 2022 levels of housing activity.

Then opening it up last minute (within a few days) for check-in/check-out if it’s still not booked. 

In theory my only costs would be purchase of the lot + associated fees, taxes, and engineering services (which I could do a portion of on my own time).