Another question would be what do you charge for application fees? 

So, if we agree that a fair mgmt fee would be $75 per month how does this translate into a partnership arrangement?

Overall it brought in a net annualized return of $4284 a month or $51,409 net annual (after management, vacancy, wear/tear repairs and cleaning fees).

Some contractors will also charge you for a bid, you might offer to pay a fee for them to go out and give you a bid to compensate them for their time.

Rather they are showing a 'proposed financing'.They are NOT guaranteeing that you will find this (LTV, Rate, Term) or any other aspect of a loan (fees, commissions, etc).Leaving the loan aside, I can't help but make a couple of comments regarding the numbers;- Vacancy of just 5% means that if you have 1 move out in a year and it takes you more then 1 month to turn the unit and re-lease it, you have exceeded your vacancy budget.

You found one that will, and maybe those fees help them "stay in the green" on their balance sheets for those loan sizes. 

Thats why I suggest to get into earning bird dog fees and commissions before attempting to flip a contract.   

What is the HOA/co-op fee in the building?

Do you find that to be a factor at all when deciding between the two loan periods? 

I was quoted the following:Single family home/Fee Simple townhouse- 20% down payment: 5.875%- 25% down payment: 5.625%Condominium-20% and 25%: 6.375%- 30% down payment: 5.375%