Here's a summary of what they've offered:- Monthly PM Fee: 8%- Markup Fee: 15% on top of bills for services like fridge setup, applicable to any expense over $300.- Late Fees: They retain 8% of any late fees collected.- Initial Setup Fee: $300.- New Lease Fee: $275, but no fees for lease renewals.- Maintenance: They offer minor maintenance in-house, with the markup fee applying to expenses over $300.Do these terms seem reasonable to you?

If you want to discuss my experience I'm happy to help.

I don't think most due, especially since it doesn't fit in a 5-15 min discussion, much less a 30sec blurb.

I'll be going back to old PM for some advice also, but wanted to get some Biggerpockets input for discussion sakes. 

Even if it did it's still possible. in columbus you can buy infill lots for 8k in some markets. let's say you get a cheap one like that with public utilities. taps are going to be higher on a duplex but let's say 7k, then you have engineering and building permits and architect fees which lets say you do it as good as us, 5k. you are at 20k. now you have 180k to build.

You can add the per booking charge as a resort fee to each booking, then the guest is paying for the coverage not you.

Happy to discuss further.

With a "facts and circumstances" test This article can. help: https://www.irs.gov/publications/p523#:~:text=If%20you%20own%20and%20live,factors%20are%20relevant%20as%20well.Please discuss this with your accountant, as your facts and circumstances will matter greatly here! 

While land prices in the area average around $10,000 per acre, discussions regarding the owner's asking price and potential financing arrangements are pending.

Interesting-- yes I suppose I was asking about more than one GP in an LLC but good to get clarification on management phrasing, especially when discussing with staff.