RW's fee structure is interesting because it's a "look over HERE, not over THERE" approach. 

How do you structure your payouts (e.g., set salary, percentage of profits, or other methods)?

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

What other methods should I use to acquire another property? 

I picked up the BRRRR method book and feeling confident in setting it all up (we did a similar process for our Airbnbs).  

The coaches help you level up and scale from where you are now to where you want to be; not because they're perfect and have everything figured out, but because they are a little further on the path and have a systematized method for growing your business.But I will say it's not a good fit for everyone. 

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

What methods of investing are you looking to do?

Structuring the agreement properly, outlining how profits will be split, who covers the rehab costs, and what the timeline looks like can ensure the seller feels confident in the process.