Would love to hear yours.7 reasons on why affordable, single family homes will shine in the coming years.With increased underwriting requirements from lenders, fewer borrowers will qualify for large mortgages, resulting in more demand for affordable SFRs.Covid-19 fears & future virus fears will result in a shift from densely populated buildings (apartment buildings, flats, condos, high rises) to homes with space between neighbors. 

Since you're on the high end already, @Chris Koch, I would suggest keeping the renewal flat.

Pros and cons could be an excessively long list especially as a new agent but here's two you can use. 

A basic but great formula to figure out what you should be offering on these properties is just a flat percentage of whatever the highest ARV is.

The things that we commonly end up billing for are broken blinds and cleaning services, including excess trash removal.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

If so, were permits pulled & were they installed by a professional5.Are any of the homes rented to students6.Is there a flat roof7.are there asbestos shingles The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policyc.

As an alternative to a flat $7,000, I would consider an hourly agreement at $350/hour.

Does anyone really believe that a PM is more highly motivated to make your properties produce than you are, just because you are paying him a flat rate?

@Victoria RadcliffTry looking for 2 bedroom houses where the square footage is in excess of a 1000 square feet.