Just a comment on CMBS:Unless you're going with a conduit who has a capped cost program, a CMBS deal can run up some pretty hefty due diligence costs - $30k-50k deposit due with a signed term sheet (majority is anticipated legal fees).

The industry is so ripe for discussion with all of its: negative stigma, tenants/toilets/trash, fee-drivenness, landlord friendly, investor driven, technologically evolving and legislatively active...environment.There's the historic landlord and agent PM legal agency relationship with a traditional scope of service, duties/responsibilities between LL&T, evolving retail/consumer trends/expectations, etc.

That relocation fee is awful.

Can we use some sort of assignment fee to pay them out?

I typically don't include this in my closing costs, when calculating it, however, since these are not real expenses - you will get this money back eventually.You may want to add a property inspection fee and an appraisal fee to your total.

Anything that gives you easy info as valuable as this of course for a fee, is mostly a hoax in these instances it seems.

Don’t allow applicants to pay for their application fee by check or money order.

For my business I create my LLCs in Wyoming and NV as they have the lowest fees and the most protection.

These are "daisy-chains" where wholesalers are piggy-backing off of other wholesaler's deals and tacking their fee on top.

My guessesModel - model unit so it is not making any rent money but is still listed under gross potential rent, so they have to subtract for itMove-in Concessions - one time move-in specials, stuff like 1st month free or no admin fee, etcPreferred Tenant - not exactly sure but I assume some sort of lease renewal specialResident Relations - my guess would be to appease a pissed off tenant... a one time $100 for something that went wrong