Also, you avoid bank junk fees.

As I write this, I am having a radiant gas-powered 150ft heated driveway installed (it's a steep driveway that faces north) and I will be relisting this property in a week as soon as the new concrete is poured.I'm wondering if I have it listed way too low, and if this could be a reason it hasn't sold yet. 

I like your idea above with regards to the 10% extra management fee however in my experience this has a very very small likelihood of changing the PMs mind.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Remember that you have real estate fees (6%) in most places and other closing costs when you sell.

Add 0.4%.So we're looking atBase fee: 10%Tenant placement: 4.2%Renewal fee: 0.5%Inspection fee: 0.4%Total: 10+4.2+0.5+0.4 = 15.1%Of course, this will vary across markets and between PM's.

I looked into a couple here in Columbia and the regime/HOA fees were ridiculous to say the least.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I put vacancy and Capex at 5% for 116/month and repairs at 10% 232/month. wasn't sure about these numbers with condo fees.

The free service, for landlords with two or less properties, tracks expenses, profit/loss, etc. of your rental properties ($50 fee if greater than two) but it requires linking accounts in order to automatically track and categorize expenses for you.I’m always uneasy when a website requires linking bank accounts.