I can almost guarantee it doesnt. 

We bought the place 4 years ago for about $1.3 million with a $650000 new first, 15 year at 4% fixed (btw, no personal guarantee on the loan because 50% LTV/LTC).

I am looking for a home inspection company in the DMV that guarantees their work.  

Know you could always to a guaranteed payment / consulting fee, but think he prefers having some sort of interest.Any thoughts about what is fair. would be appreciated.  

Some of my Turnkey operator clients did the rental guarantee insurance and that company made it about 12 to 18 months before they folded as claims ran them out of money.. 

If you plan to have kids / pets etc just realize that what works today may not work a year or two years from now and there is no guarantee you can sell the house in the near future for a gain.

Option 1 - buy a house and pay ~3+k per month (including taxes, insurance, cap ex)Option 2 - rent in good downtown area for $1,300 per monthI'd pick option 2 and save $20k guaranteed per year (versus principal paydown, nonguaranteed appreciation, and negative cash flow).

If an expert doesn’t weigh in and you aren’t excited about paying someone else to list it I would certainly get an official opinion by your CPA but even that isn’t a guarantee.

I don't use SmartMove, but do let the prospective tenant know that applying does not guarantee they get the apartment, and that the application fee is nonrefundable.  

If your friend just wants to be the bank and park his money for a guaranteed rate of return then I think 10% is fair and pay it like a dividend.