However you may have LLC formation costs, annual state and federal tax returns, and annual state LLC fees/annual report and I am not sure what IN charges.

She charges 10% of rent collected per month and from what I've heard that's pretty standard.

My PM company suddenly charged me $200 to take care of a nest on one of my properties. 

Depending on your credit, you could get a 3-5% down conventional loan on the purchase of a new house. 

Another question would be what do you charge for application fees? 

My company uses Calyx because we began as a conventional firm (still are), but we're looking for something a bit more nimble, with better functionality. 

You might try to find a contractor willing to give you the price they charged on a project in the past or find a PM who knows a good contractor. 

@Daniel Silfer Your both properties are under llc so both options open for cash out under commercial loan to keep loan under llc  or conventional loan if you will take loan under personal name.

Here is their deal breakdown: Purchase Price: $189,000 Down Payment (3% conventional): $5,760 Value Add: ~$5000 (Installation of A/C, plumbing updates, and miscellaneous items)Rent form September 2017-July 2018: $11,400 (Owner Occupied & rented other rooms)Rent from August 2018 to July 2018: $18,000Brian Glasser, the Team Leader in Kansas City, has hit the ground running with building his real estate investment portfolio.

I'm in my last steps to lock up financing (conventional) on my first investment property - final inspection was this morning and am discussing options with my lender.