@Chris Mooney every brokerage will slice up the splits and fees etc in a different way but it all seems to come out the same in the end. 

We set proper expectations with the seller and then flat fee the property!

I have a HOA who is attempting to collect HOA fees for the period when the prior owner owned it.

Should the 15.5% fee just be added as an expense line item to create a conservative proforma?  

Hey Matt,Bird-dogging is finding deals and passing them to investors for a referral fee if they close.

@Leo Liyour analysis uses several fallacies that are not true.A short term vacation rental does not need to have management fees when self managed.

If you are applying it to the rehab you want to factor in the time to rehab because that will determine some of the HM cost to you.

Condo fees went up a bit, there were still special assessments for various things. 

Owners come to us after trying to self-manage for a year or two, thinking they were saving money — but when we dig into their numbers, they often realize the “savings” were actually negative once you factor in lost rent, retail maintenance pricing, and compliance issues.The most common hidden cost I see is vacancy.

Some other factors to consider - How long are you planning to hold this property?