With AHA, you have to fill in some documents but the PM is in charge of managing most of the change of ownership paperwork.

I charge my tenants 1/2 month rent to break the lease if they give me 30-day notice and I find next tenant BEFORE they leave.

@Cody Furman first of all let the residents know that there is a new sheriff in the town with a welcome letter and explain the everything you can in that letter and then deploy some cloud based software like Buildium to track your tenants and the rent and charge late fee and give them vacation notices on timely manner and evicted the bad ones and do not raise the rents until you are stabilized and do the screening to fill in vacancy otherwise you will be in big trouble if bring in bad ones.Charge application fee of at least $35 per couple and they will pay and use that for screening.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Depends if course on the fees the sponsors are charging as well - if those fees are very light, then low double digits could still be possible 

.- Tape measure- Flash light- Portable charging bank  -Portable speaker-Nice clip board/ Padfolio/ note pads

Assignment fees are normally paid at closing. most title companies will may you with a check or can wire you funds but  may charge for the service.

If you do not get it at your price you walk.Always remember business does not operate successfully on emotions unless a sellers emotions are a weakness you can exploit.

Honestly, I think it's because I'm a girl, the guy purposely ripped me off and essentially charged me double... they did replace some roofing  boards, but overall it was just BS.. did work that wasn't agreed upon.. going from a $5200 quote to $10,300 is BS in my book.     

So here's a rough number breakdown. purchase $1,500,000Loan Amount 1,300,000Rehab+holding+closing costs $115,000ARV 1,900,000new Loan (20 year, 6.25, 5 year)- $1,560,000Cashout portion- $260,000Cashout- FFFF (friends, family, facebook friends)= 10,000Money in deal = 45,000Rental Side of Things (by month)Current Income- 27,000/m (Proforma is 31,500 since I had to rush rent out)Expenses-  (Utilities, Taxes, 25% Vacancy/Management/CAPEX, insurance, etc)- 12,500/mDebt- 11,400/mNOI- 3100/mSomething like that at leastFor the other questions that may pop up:I self manageI doubled my portfolio in one dealI was my own GC for the projectI still have a full time job in securities tradingI worked 110 weeks for 2 months straightI am burnt outI hit a lot of roadblocks including getting sued, vandalized, robbed, and threatenedI had a lot of physical blackouts and emotional breakdownsMy outlook in general on people is definitely more negative However I am also ready to move onThis post was very much to speak on an experience and tell a story.