If you look at how banks do it, they typically charge a one-time fee of around 4-5%, not a daily charge.The other issue is that you shouldn't charge a daily fee and let it go forever.

I've drove around a couple different area's and jotted down addresses and owners phone numbers for my realtor to call, check Zillow daily, and check Facebook group chats for off market deals.

They will have to manage whatever you buy on a daily basis until you sell the property or terminate them.

Your utilities will be much higher as well but I charge a daily/weekly rate if they want the pool heated.

If you think you will need Hotel service for your renters, talking to the CLOSEST 2 or 3 or 4 MOTEL managers might be a good idea.Motels have times when they are booked solid, and times when you could shoot a cannon through the place.Maybe you can negotiate a discount with the manager.Maybe less the daily maid service can get you a discount.What about cooking in the rooms, will they have refrigerators and microwaves, etc...Good Luck!

I cold call weekly sometimes daily.

I now have a territory that covers all of Upstate NY and Northeast NY which results in a lot of daily travel.

The agreement was she was going to charge me for his time and a daily fee for managing him.

So basically, if you were in my shoes, how would you best put those resources to work knowing what you know now with the end goal being freedom from the daily grind?

I work with investors on a daily basis.