Wholesaling – Finding off-market deals and assigning them to investors for a fee.

I don't think 5.25% with no loan fees is realistic.

Maybe Flat Fee PMCs, that charge monthly fees whether property occupied or vacant, aren't using the best business model?

Explain how you do things - leases, marketing for leases, general operations & structure - how y’all do inspections & if included in your fees, what you will provide on an ongoing basis (platform reports, placeholder for tenants to call & submit maintenance requests, take payments, handle communications, late payments, occasional drive by’s to check on place, handle evictions, move ins & outs, turnovers & make ready’s).

HOA fees, rental restrictions, insurance, and future resale demand all matter a lot more here than with a SFH.The biggest thing early is to start looking at deals.

What services do you provide, and what are your fees?

Nitya reportedlyfaced distressed asset sales, lagging renovations, suspended cash distributions and deferring property and assetmanagement fees.

The only other thing I might add is similar to bringing on a GC or JV-Partner for the renovation/flip side would be to do something similar on the wholesale side of things, 1-2 really good and active wholesalers in the area, and depending upon deal flow it might be up to 3 or 4, could potentially help ensure your criteria is cared for, but you might want to really consider what access and/or exclusive relationships are worth in terms of 'fees' or profit share on the backend.  

They may not like your policies but if you are generating bookings you are going to get featured regardless because at the end of the day they want to rake fees from the hosts and guests, and that can only happen if people are booking. 

We have 66,000 duplexes in Milwaukee, most of them were originally built a 2 family homes by German immigrants who figured out that by simply stacking another unit on top of the 1st floor they could create a passive income stream with a relativley small investment.