How it operates and what decisions are being made is all predetermined in the business plan for operation. 

If so, there should be pre-determined agreements as to how a broken lease works, eg: you keep the sec. deposit and last month's rent.  

If course we made a date for me to come see for  myself but for  now this is what I've gathered)4/2   (relatively, now) new kitchen, flooring, appliances, paint, carpet4br  2b, 1180sqftLOT: 6780sqftsingle familybuilt in 1985Garage 264sqft1 story although i couldn't find any 4br, A home with 1 fewer br(3) but 50 more square feet did sell within the last three months for 98000Another is on the same exact street as Cindy's home, has 1 fewer br(3) and 41 fewer square feet sold within the last three months fur 95100Another next street over 1 fewer br(3) and 156 fewer square feet sold within the last six months for 96000 the area does have several foreclosures,..but overall isn't a neighborhood in which i would feel unsafe livingnow, (for what it's worth)she says appraisal when she purchased was 94000, and she bought it for around 92000Interest rate 3.4%Payment 677.00/moShe still owes 89500Is behind about 2400.00 (including late fees)I would like some suggestions if possible,  from those more experienced than I (I'm a determined/excited newb) as  to the best way if any to do thisShe's pretty much open to anything:)Or, like i said I'm green,  so this may sound crazy,  or  maybe I'm actually thinking of an actual way of structuring a deal...but what if:I purchased subject to with an agreement that she and her son could remain in the home for a year,  but only pay half or another- predetermined-amount of the mortgage and i pay the other half. 

Some people do the capital call structure, others don't.I would definitely look at his fees, for deals of his size and considering they are low management intensity, a 1% acq fee and 1% asset management fee on Net revenue would be close to what I would expect.Considering these are Class A a 6% pref seems fair, a 65-35 split over that seems a bit high, but nothing too aggregious (saw it mentioned earlier not sure if true).As far as if he keeps money in, I would expect he will, 5-10% of total equity is normal and fair considering the size of the fund.As far as the length of the investment, usually funds will have a pre-determined expected length (seems like 10 years), but will have clauses to extend that if the manager (Cardone) deems it necessary for a "wind down" period I believe its called, again nothing uncommon about that.At the end of the day being a passive investor is giving someone else control.

Their value proposition is low HML lending rates (7% and no points) and they agree to purchase your "flip" when the rehab is done (for a pre-determined up-front offer).

He can schedule all of his showings around the predetermined time.  

The same rule applies though - work through the numbers and decide if you believe you can rent, lease-purchase or sell the property within a predetermined period of time while mitigating risks and knowing your exit strategy.

@Johann Jells the numbers are flawed, they equate military bases with monetary payments and other nonsense meant to skew in favor of an predetermined outcome.It is really amazing how difficult it is to get someone to say thank you for several billions of dollars.Btw- there is renewed fear as another surge is hitting the north east.

I like the idea of splitting the profits into predetermined percentages.

We trust him to provide good service, and we empower him to take action in an emergency.He is our trusted set of eyes on the ground if an issue arises, inspecting any problems reported by tenants and making recommendations for repair.He will complete any work required, including coordinating and overseeing skilled trades, at a predetermined rate.We pay the handyman a $200 per month retainer.He is paid this money whether or not he has to lift a finger.In exchange for this money, he is willing to be on-call for our tenants in an emergency and take appropriate action to mitigate the issues.In non-emergencies, as directed by me, he will inspect issues reported and make recommendations.If he has to complete any work or coordinate a skilled trade, we pay him $30 per hour for his time plus materials at cost.We also pay for any skilled trades (i.e.