Management cost needs a scope, not just a percentage. Ask whether leasing, renewals, inspections, maintenance coordination and vacancy-period oversight are included or charged separately.
Getting this comparison wrong could leave us paying heavily for an early exit even if the headline rate looks competitive. The property is in New York at about $910,000, and the quote fixes the rate at 5.55% for two years. The initial advertisement showed a cheaper rate, but our quoted costs...
The floor area deserves its own line in the screening. Ask whether 1,990 sq ft comes from existing records, plans, marketing material or the seller’s estimate. If different figures exist, keep all of them visible rather than letting one convenient number drive the offer.