If they charge more its considered an illegal tax.

Every single lead coming in through my website is OK with a lower offer.

 👇Unpopular opinion about sponsor acquisition feesThey are 100% necessary.If you didn't know, sometimes sponsors charge what is known as an 'acquisition fee' when they buy a deal.Typically 1-3% of the purchase price of the asset.Sometimes sponsors spend months (or years) researching and underwriting deal after deal to no avail.

Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte.

And without fail, every single dang one was deep DEEP in the red after taking ACCURATE measure of things.

They are able to do it all virtually, which reduces their costs drastically from what it used to cost to get a specialist out to your house to charge tens of thousands.

Mostly in Utah and SL County, but am building a fourplex in Ogden and JVing on another build-to-rent fourplex also in Ogden.I'd be open to looking at Class A single-family properties with 1-4 bedrooms, but nothing larger. 

This is a single- family property.

We do have a decent amount of equity on the home about 150k (current estimated value is ~315k) but since the mortgage is 15 years (which I thought was smart & would save me interest over time...) if I were to charge market rent I would break even or possibly lose a little and get no cash flow.

For others though, we've had a lot of success being pet friendly at our single-family property in Raleigh, NC.