There are also often incremental fees that will lower your returns on these types of investments: property management and building fees most notably.

So, now I have come full circle and am back in real estate investing.Current focus is LP investing (invested in first deal last month) and am looking to do 3 to 4 LP investments per year.I am very knowledge on both the LP and GP side of syndications.Goal for BP is to just add value and catch up on what I've missed over the past three years!

I like doing hyperlinks it allows me to review the different sources in about 3 minutes a day=b.

By rich I mean they completed an application, paid the screening fee and we show that their income is sufficient to cover all of their own expenses plus pay for rent and any damages at the unit we are renting their child.

We took pictures on our cell phones and blasted it out to all of our friends and family and just asked "Do you know anyone who is looking to rent a home in 2 months for $____ per month"? 

So will the builder waive his fees?

Devang,  We had a free & clear property that was vacant we were considering for rent; In my area we estimated it would rent for roughly $1k per month.

Most REI marketing agencies range from $1500/mo-$5k/mo in fees alone.

Either a flat fee or a % of profit.

Then you would have that leasing expense all over again.We actually sometimes like to pay the leasing brokers more so they push our site harder than others.If you have an A location and A parcel shape then typically lots of tenants fight for the site to lease it or buy it and leasing broker has to do less work for fee involved and rent per foot higher most times.