The numbers vary based on the age, condition, and location of the property of course, so I use the higher percentages for older and lower class (class C) properties.

As for what the consultant fee is based on, I believe it is a percentage of the work to be performed, but may include “one off” fees like inspections.  

A large percentage of the inflation in today's market actually comes from real estate and rising rents.

That's when he tells me about the guy he is using and that he helped his buddy close on a rental in the Avenues with a smaller down payment percentage than I thought possible for an investment property.

(Percentages can be negotiated).

Not to mention you can negotiate a lower percentage as you provide more business.

But....since it was a rental First, when you sell the gain will be prorated directly for the time you lived in it verses the time it was a rental.....you will be exempt for the percentage of time you lived in it and you will pay cap gains tax (and depreciation recapture) for the percentage of time it was a rental..Example:Rental for 4 years...owner occupied for 2 years=2/3 of your cap gain will be taxable, 1/3 exempt.

You expense percentages seem to be in the right ballpark, and while I would like to see a higher cash flow (I try to shoot for $150 per unit/month), you are certainly there in terms of Cash on Cash Return.

What exactly does the CAP Percentage mean?

What does the 15 vs the 30 equate to over those years in actual dollars...not percentages.