I would charge them the full cost of repair.If they refuse to pay, I would consider two options:1.

@Greg ScottYou can get the upgraded version that includes a microphone with it engraved with “guru” for the extra $25k they charge to teach you how the lost it all

The rate would have to be 15+ and they will need to charge you 4 points just to make $1,600.It's just not worth their time.

But it does feel weird having a “stranger” you’ve never met in charge of several hundred thousands of your money. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Here's some articles that might be helpful for you:http://www.timesharescam.com/blog/191-how-to-verify-if-a-timeshare-rental-company-is-legitimate/http://www.timesharescam.com/blog/57-timeshare-rentals-timeshare-fraud/http://www.timesharescam.com/blog/131-timeshare-rentals-by-owner/Good luck!!

You need to make sure these people are paying on time if not charging them fees, and getting them back on track.

As a Stessa Pro member, I rely heavily on its features to manage my properties, and while sending over the tax package reports works well (since the Income Statement and Balance Sheet are standard for most accountants), my bigger challenge has been finding a real estate-savvy CPA who doesn’t charge more than my annual cash flow for their services!

If we go with the second option and offer seller financing for the equity what interest rate should we charge and how would we go about setting that up?

Often times you don't need all the bells and whistles they are more then happy to set up for you (and charge you along the way)