But when there's tenant placement, they still charge for a month fee.

Do you have any responsibility for the warranty (deductibles, labor charges, misc. material/parts charges)? 

Charge a late fee?

Leasing Agent:Pro: They help with #1 - 3 (from your link)Pro: I get my weekends backPro: They know the market prices and can adjust accordinglyCon: Typically charge .5 - 1 month's rent for lease upProperty Manager:Pro: They help with everything (from your link) - hands off!

For a lot less than the lawyer charges for his forms, you could join the local landlord association.

(I won't discuss publicly to avoid price-fixing charges)I'll send you the agreement and get you on the list.

Some lenders charge a fee every time they come out to the property.

I think they will charge you about $0.20/lead where resellers will charge $0.14.  

I am just down the street in Mission Viejo if you want me to give you my professional opinion (no charge.)Anyways, when you are done with this project if your "friend" would like to continue to invest in real estate, I would be interested in speaking with him/her.Good investing...

They may also tell you whether there are any current charges or whether the applicant is on parole.