I think it's okay for a mentoring fee, if you get LOTS of help and hand-holding and explanations from which you can learn.I think a 50/50 split may also an equitable way to pay for their help, but both is WAAAAYYYY too much to give up. 

The letter would introduce me, the updated rate ($50-$100 increase depending on rate), and a brief explanation of my policies and procedures.

A friend has a 1910 home in Oshawa and has had numerous issues.

As it turned out, the house had numerous defects and I told them we would have to renegotiate or the deal would be dead.

Zach, I currently manage numerous properties in the Beloit area.

On a large multi-family property with numerous tenants where the work doesn't impact any of them, you may not need to. 

Most of the answers to the basic questions you're asking have already been answered here numerous times.There are plenty of free guides here on Bigger Pockets - starting with "The Ultimate Guide to Real Estate Investing" https://www.biggerpockets.com/files/329/download.

An explanation would be much appreciated I didn't know who I could turn to ask this.Best Regards,Brian Tran

We are oversubscribed on every note participation we syndicate.For anyone trying to raise capital without superior knowledge in this space, there exist numerous problems to overcome.  

I got it back and they left a large portion of it blank with the explanation "I'm still going to be responsible for the full lease, so Abbi didn't fill out the income part, and her lease history is the same as mine."