If you are using the 1% test (rule), that is based on the total price including repairs.

I'm reviewing their management agreement and came upon:Is this a typical compensation clause that most Management/Broker companies include in their agreements?  

I like this method because it limits my trips back and forth to the property, and - as John pointed out - it creates a sense of urgency in the applicants because they see everyone else interested in the property.If, on the other hand, I need to show the property to just one applicant for some reason, I will still set an appointment. 

Needs to include balance sheet / income statement and tax strategy advice. 

The home needs a major rehab including roof, soffit, bathrooms, kitchen, flooring, drywall, painting, A/C, water heater, most likely electrical and plumbing.

The problem is turnkey providers don't provide continued management to keep your asset performing as promised.they often do not include CapEx in the proforma, hiding the real cost of the transaction...

Repayment, as of right now is $300/month for 10 years but I will most likely pay it off quicker.My rent is roughly $700/month including utilities, wifi, etc.I currently have about 15k in liquid assets/cash equivalents and then about 8k in less liquid assets (Mutual funds/Crypto).

My out of pocket was about 4100 including closing, inspection and earnest money.

Also take into account the condition, other Anne writes you offer and utilities that are included in your price.

Hello I'm interested as well I'm new to investment and buy and hold is how I want to invest..please include me as well .