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AAhh, now Skater, does the 80/20 rule apply to LL's, or should I not go there :) . No doubt the same goes with remuneration, the better you are at what you do, you should be able to negotiate a rate to reflect that. I think a few have missed the OP being a property manager of commercial...

Wylie, we tend to work out s reasonable fee at the time of the request, and based upon what the LL wants. Skater, some interesting comments, and probably the way it is, in most places. The 80/20 rule appears again.

Sorry, did not mean to give the impression, that to do a renovation was included in the management fee. Just trying to let you know, that every one is so very different in their expectations and requirements. Just like some owners self manage, and others dont want to.

Wylie, the things that LL's ask of their PM's goes from one extreme to the other. On one end, the LL's are very hands on, and want to do a lot them selves, just not be in contact with the tenant. At the other end, there are LL's that want you to do every thing, and that can be full renovations...