The house was less than 5 miles from the Mexican border so undocumented folks and their smugglers came by our house often. 

This is because the agreement obligates you to work with them on any transactions within that period.2.

In most cases, they learn of the transaction only when a Certificate of Occupancy (CO) application or a permit is submitted for repairs or inspections. 3.

However, I’ve noticed additional charges that weren’t initially explained, and the rental payments are deposited into my account in multiple transactions each month.

So, real estate agents may do it part-time, but rarely do they do it well.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

In colder climates, for instance, winter months tend to be slower for real estate transactions, which can impact fix-and-flip timelines, rental demand, and even property values.However, not all markets are created equal when it comes to seasonality.

So, you're not "wrong" in thinking it's complicated.The tax code plays heavily into how certain transactions are categorized and there is some flexibility regarding what we can capitalize versus deduct.

He can however instruct you what your options are throughout the transaction.

Next, when  they sell their properties they sell at a break even and sometimes at a loss because its difficult to achieve refinance appraisal results when transacting in arms length transactions in these lower barrier stagnant market. 

There are some onboarding fees which start to get steep once you add up all the other transaction expenses and the 1% annual fee, but I would hope the onboarding could go down or be a flat fee rather than a %.