Or is there a pre-determined split?

The seller can put the money in escrow, and it will be released to the buyer after a pre-determined time period.

Or, they can request to be cashed out, at the same predetermined value as noted above.Basically, think of all the 'bad things' that can happen, and how to address them BEFORE they happen.

Some Turnkey Providers rehab correctly and look at all major components so you don't have any Capital Expenditures (CapEX) for a pre-determined amount of time. 

Instead of determining a player’s value relative to its team (wins above replacement) can there be a singular numerical value that contains pertinent market data (appreciation rates, population growth rates, etc) applied to a specific properties intrinsic metrics, compared relatively  to a predetermined market size…bundled up in a singular value metric?

If you end up going under the budget, some lenders would still reimburse you for the entire predetermined budget.The Initial Distribution (towards acquisition) would be the total loan amount ($148K) minus rehab budget ($30K) = $118,000.

You can do this for a predetermined amount of time and cost.

Reach a predetermined number. 

Were you able to stay within your predetermined budget? 

I believe someone had utilities included in the rent since its one meter then if utility bills went over a pre determined amount then the tenants were surcharged equally.