The pros as I see it are - seller and assignee does not see your assignment fee in the closing statement, assignee doesn't meet your sellers, and no chance of being accused of being an unlicensed real estate agent when you are closing on your own deals. 

We consider the fee an Admin fee.

Quote from @Josh Cocker: Hi All, I've got my first purchase here in US under contract & just a quick question as I'd love to hear some answers from seasoned investors / lenders etc  (I am originally from UK and my experience with mortgage products and fees is very different to what i am learning here).I am purchasing a Duplex which will be my primary residence, and looking to borrow around $200,000 - typically what will be the additional fees / cost i should expect of this loan (presuming no point buy down etc).Thanks in advance, and apologies for asking such a basic question. 

All of these things factor into gross revenues.

TBH, the management fee is too much too...

@Richie Martin I'm a little confused by the question, but general commission fee structures are very market, asset, and price level as well as service level dependent.the structure you'd get buying a $2.5M commercial asset is likely different than a $250K duplex.On the buy side of deals I have a minimum fee. 

Then there are negative cashflowing properties all over, due to a variety of factors, like inventory controls, owner standards, management standards, marketing standards, guest experience, furniture, decorations, amenities available, etc.I’ve been helping many STR owners and operators that are in a similar situation as yours.

If the contract says you can terminated with no fees because you are the primary resident, then you can.

We found that once we’re at this step there’s about a 50/50 chance the borrower is able to pay us off, or at least get current; about half the time we end up owning the property without having to spend tens of thousands on attorney fees.  

Just sometimes doesn't make a ton of sense to do loans under 100k since the fees are a much larger % of the loan amount compared to higher loan amounts it's almost doesn't make it worth it in a lot of cases.