For the exclusive right or option to buy at a certain price for a certain amount of time,  consideration or a fee must be paid called option consideration. 

While the interest rate tightening does virtually nothing to the mortgage rates, it makes everything else; cars, credit cards, installment debt, more expensive and again, hurts already fragile debt ratios.Hope this gives you some food for thought.Stephanie

If I pay a one-time fee of $97, I get the contact info of each person currently on that list. 

FYI if you plan use a site like Home Advisor, they charge each contractor a sizable fee (usually 4 companies) to get your info.

Just charge a pet deposit and monthly fee?

The hard money lenders I have contacted are charging almost $5K in fees that are due upfront which is in addition to 10% interest.

I provide a service that can only be installed in new construction MDU development. 

I see you're including a 10% PM fee, so I assume you're not planning on being a landlord.

Paying for two closings and holding fee’s essentially is dumb.

You could then manage your parents rental and charge them a fee :).