This is one time fee.

What do you all think would be a fair fee for something like this?

Just make sure when you analyze the numbers to factor in all expenses (ie. maintenance, vacancy, CapEx, taxes, insurance, property management fees, etc).

Also some damage may not be able to covered by security deposit. 2. more roofs = more capital expenditure. replacing fixtures like roofs/windows etc. costs the same size house, regardless of price of the house3. less able to utilize leverage4. higher turn around with these tenants. if you are using a property manager, this also means more replacement fee for the tenants.One other thing to note is if you can find a home that can be rented for $2000 a month for $200K, why would anyone want to rent that from you?

As long as I get cash flow (once capex, management fees, etc are included) I like it.

We are thinking at least we can sue Clayton Morris for the referral fee to compensate our renovation.Please let us know if you have any suggestion. 

That was gross but the house that was our top choice charges for a cleaning fee with each rental so that’s a net zero.

Do I let the buyer know the purchase price I put the property under contract for and let him know what my wholesale fee is or do I get him to agree to a purchase price that already contains my wholesale fee? 

Could someone give me a good example of how to negotiate the wholesaled price with a buyer who has a repair fee estimate that does not fit the numbers?

Plus once you do the refi your HELOC is still there if you want it to be, in theory you could recycle those funds over and over whereas with hard money or private money you’d have new origination costs and fees.