I like the standard 1% math using most of what is mentioned here with monthly PITI be 0.5% and let vacancy, repair, property manager be the other 0.5% (unless it’s a condo with a steep condo association fee).

This and the insane HOA fees make vacation rentals tough.

PayPal charges you a hefty fee whereas Cozy.co is free for you and for the tenants if they choose to send the money from their bank account.

Should the tenant be required to pay the CC fees if they choose not to do auto deductions?

Once you start managing for other people and are charging fees you get into the world of operating accounts, and trust accounts which you need to be a licensed broker to have. 

.$2,000 demo, permit fee and miscellaneous items.This is just a quick run down and like I said price will vary if you want to gut the whole place because at that point you have to add insulation etc.Hope this is helpful. 

Because (1) my tenant moved-in during the middle of the month, (2) MI takes a tenant finder's fee and (3) my mortgage wasn't due for two months, the ledger is irregular.

@Marco Padilla I'm not sure how things are in PA, in Florida the sellers (sometimes banks won't) typically pay the title companies fee so they have the right to choose who they use because they are the one paying. if I understand this correctly the first title company was in PA??.. 

Hire a lawyer to assist in the purchase and to review the HOA financials and regulations pertaining to investors.Buy with minimum down/maximum leverage if you hope to gain true positive cash flow.Dead equity and HOA fees will seriously cut into your cash flow and turn the investment into a liability.

They are already getting a development fee.