Thats fair, we are not doing any of the actual work, so it makes sense to not receive  a lions share of the reward. 

Even then, you can expect they won't be able to maintain the home to the same level you did while living in it.

I'd love to get a sense of how LPs are fairing these days.

Would it break fair housing laws to say we are not willing to work with the program since it's not a source of income and they pay on their behalf?

We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?

It's not a fair partnership if you the tap the equity of their property to use together if you aren't brining any capital to the table.

HOWEVER..I'm getting a fair number of deals with significant cashflow and equity that make these amazing buy-and-hold opportunities at 2 and 3% interest.

Question...I'm now two years into my first STR - a cabin in Murphy NC that is doing fairly well for me.

Even though the nightly rate is high, the RE has such high value that the margins are fairly tight.  

It's about having an income that will enable you to maintain your current standard of living for life.