This issue this time, however, is interest rates had increased numerous percentage points making the possibility of living for free much less likely.

This issue this time, however, is interest rates had increased numerous percentage points making the possibility of living for free much less likely.

@David RamirezIt’s still the same percentage but the reasons are1.

That person can possibly help with some of the boots on the ground things and will charge an hourly fee that is much less than the percentage based fee of the property manager.

What you could do is open up a new LLC for the refi where you and your JV partner (or your LLC & the JV partners LLC) have specific ownership percentages in the NEW entity. 

And what's the percentage of guests that repeat?

Still some unanswered questions.I think I'm beginning crunch the numbers; to understand these numbers, but got stuck on calculating the Cash-on-Cash ROI percentage for this listing.

Are the three/four of you holding equal percentages of the title?

Or maybe you set yourself up more like a professional property manager, where you earn extra money for placing a tenant and/or a percentage of the rent each month rather than just an hourly rate when you have to jump into action. 

Sometimes it is a flat rate or its a percentage rate.