@Sarah Anne A typical arrangement I've seen is the PM will not charge for advertising if there is not a cost too it (e.g. craigslist, the PM's own website, sign in front; though in truth there is a cost to them in terms of time), but the owner pays if there is a cost (e.g. newspaper classified). 

It does cost $50 extra for my inspector to perform.

But i would just rent it out instead and the actual person that moved in would pay the mortgage and some extra so i could make a profit. 

As most buy and hold investor you want to maximize the cash-flow from a property and you can still pay extra to the principle of the loan after you have a good cash reserve for repairs.

Now again, of course, if they are doing "extra" things in the monthly management that you find you want to be rewarding of then you accept their terms of that %.

For a small operator, the LLC requirements definitely take extra time/money and I see myself getting little benefit. 

@Sean Edgar told the truth about doing more than most investors.

There are plenty of links on BP that give the truth about the challenge that wholesaling is.

While I do believe there's some truth to the cash buyers, I've been reading lots of blogs here on BP and I thought that anything over $50k+ could be financed?

This will only cost your time and a few extra dollars for gas.