We’re planning to move to Europe to start our family, and we’re looking to generate $1,000–$2,000 USD/month in net income (after management fees and other expenses) with these RE investments.

The dollar-peso exchange rate benefited us with respect to fees, so we have some extra class A shares we can use as collateral. 

"You follow-up & Split Wholesale Fees 50/50."  

Some landlords even add a small fee to cover these kinds of costs.I'd be happy to connect and discuss more! 

@Dennis GallagherIt's my understanding that the "Income-Expense Ratio" primarily use operating expenses as the expense variable, which includes costs like utilities, property taxes, insurance, maintenance, repairs, property management fees, and trash removal, all of which are considered when calculating a property's operating expense ratio (OER).You calculate OER by dividing the total operating expenses by the gross operating income of a property.

Running detailed cash flow projections, factoring in their management fees and expected rent increases (you can use some of the great BiggerPockets Pro tools like the calculators to do this!)

You left out information that maybe relevant such as taxes/insurance per year, maintenance cost anticipated per year... plus other expenses depending on rental such as management fee(if you aren't manager), advertising cost to acquire renters, etc....

So just curious if my number formula is correct $15k down plus $15k Reno = $30k rental income/year  $14500 vacancy rate 2% operating expensive 35% ( to cover condo fees maintenance insurance ect) $5500 a year mortgage so roughly a 12.25% cash on cash return ? 

Are you paying any utilities as the owner, aside from water and user fee?

Next, clarify expectations with your co-host—ask if they see this as part of their service or if a fee is appropriate.