Up front money has to go somewhere whether it's for an appraisal or to an attorney for an entity review, but and application fee isn't one of them.Right now rates are around 9% interest only and below and points are anywhere from 3-4.Most lenders charge an underwriting fee and there may be a processing fee in there. 

Now, take that contract and have it reviewed by a RE attorney.

Hi, I’m new here, but not new to real estate investing. My wife and I have some SFH in Arizona, but are thinking about investing into a syndication. We came across Robert Martinez from Rockstar Capital. We were wonder...

The Chicago market never seems to stop updating and I would like to understand the metrics behind this business model.

You’ll need a minimum of 3 reviews (hopefully 5 star).  

We did not like booking.comWe had trouble integrating it with our other systems, and did not like that guests don’t get reviews so there’s no accountability.

I am also based in vancouver and found the same issue - looked at Squamish, Kelowna, etc. but prices seemed a bit extended for this strategy (for my budget/risk tolerance, anyway) and other interesting towns were farther away and didnt offer the same metrics. 

It's designed by actual investors and reviewed to meet your state-specific laws.

Trying to figure our your "value" is a really nebulous metric in my mind when its not a wage job or even if it were to fit into a nice job category. 

Reviews are okay.