Good luck to you, I suspect you'll need it.I was under the impression the industry standard for PM collecting a percentage of rental income for said management was 8-10%.

Was hoping there was a brokerage in my area that had experience dealing with flippers and REO/foreclosure sales etc to learn processes and differences between them as opposed to standard home sales.

Some lender's have an application fee which is standard but it should be less then $500 and they should tell you in writing what it's for and in what circumstances it is refundable. 

That will affect MANY borrowers, who are already miffed at the minimum $50k that seemed to be fairly standard - because there are many threads about wanting to borrow LESS!

Enter what I call "The Reversal Theory" put simply, it's the belief that with a simple mental shift you can overcome- or at least better handle- the anxiety that comes along with speaking to sellers (this could be applied to buyers and lenders but I want to focus on sellers now). 

My belief is in a few years they will start unloading houses and flood the market with houses driving down prices.  

It is standard practice to list the gross potential revenue, which of course does not account for vacancy, turnover, or any expenses.

Or is it just the standard description and emphasis on what the tenants CAN'T do?  

I've found it difficult to find what would typically meet great deal standards in Colorado, but again, I'm just starting to look.

They are very high maintenance tenants, very demanding, very destructive, having very low social standards.