It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Or, do you think it would be better to just make the minimum payments, save the extra cashflow to invest in other ways, and just pay the extra interest, closing costs, and likely higher interest rate in 2031?

Mailman may find a deal but wholesalers market and look all the time and they usually charge their fee and $500 is t enough for them but go to your local reia

Origination costs usually can't be rolled into the loan on PM/HM funded deals so you'd be on the hook for closing costs and as Nicola mentioned holding period costs. 

The extra cash flow that results when you don't have to pay taxes can be used to upgrade the property or purchase additional properties.

Curious what funding setups other investors are using right now.
Do you prefer private money, hard money, or partnerships for your fix & flip projects?
I’ve seen a few creative approaches lately — would love to ...

How do you usually decide which design elements are worth the extra spend?

That's usually how the tax structure is as well.  

For normal tenants, I usually ask for their income proof and credit report etc.  

@Gary TucciHey Gary, for most rental properties I usually recommend holding them in an LLC for liability protection and ease with multiple properties.