Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!

If you do not regularly file for evictions, you'd best retain an attorney. 

If it's beyond the regular duties, then yeah, a fee for his time is valid.

This forum is super helpful too so I try to regularly review what’s going on and be as helpful as possible. 

I know that I monitor this CT forum since I am from CT and looking to help people be successful in CT.  

who can monitor your investment closely.I hope this provides some perspective on the situation here in Italy!

I would shoot him regular updates to keep him in the loop.

Here is a presentation I made describing the benefit of doing such vs a regular investment.

Are there many REITs that currently regularly engage in this type of feeder based structuring for a investors?