You could also try to arrange a "swap" of some sort with an experienced investor wherein you learn investing and provide some other service.  

Flip #3 Details502 Maize Ct3 Bed/2 Bath1440 sqftPurchase Price 87kARV 150kSales Price 150kRenovations Estimate 28kActual Renovation Cost 35kOriginal Profit Target 12kProfit 7.5kCondition: Awkward shapedCrap and piss everywhere and soaked into the baseboards.Roof that looked good until pressure washedClosets arranged in a way that made the bedrooms not very functionalNo pantry and limited storageOverall decent condition considering.No enclosed fence, but had fencing on the back yard as well as on the sides from the neighbors. 

If you aren't happy with the PM spending $200, change your arrangement and have them require approvals from you for expenses over $50, $100 or whatever you want.

I am a Realtor in Arizona and I am looking for a knowledgeable agent interested in helping me purchase a home in The Woodlands/Montgomery area.I would like a referral agreement arrangement at 50% of the co-broke.

When he dies other family members would likely have rights to the house and they may not want to continue with your arrangement.

Is it an attractive arrangement when a contractor would pay for all rehab costs (per investors plan) on a property an investor buys, to give first refusal option to contractor to buy the house at ARV minus the rehab costs?

Is it an attractive arrangement when a contractor would pay for all rehab costs (per investors plan) on a property an investor buys, to give first refusal option to contractor to buy the house at ARV minus the rehab costs?

Once you narrow it down to a few houses, then get your agent to arrange a showing.

Maybe you arrange and handle the management of the property. 

So you call him and arrange to meet him at a coffee shop with an envelope of cash.