Agents can host an Open House and allow potential Buyers to walk through without having agreements in place. 

Why don't you take a few months and attend a few of the BiggerPockets webinars hosted by Brandon, listen to some of the podcasts, and read a few of the recommended books.

The participation must be regular, continuous, and substantial as defined by the IRS.

Many times, hosts think the company or broker provided a STR policy just to find out when a claim is made there was a little sentence in the fine print that stated any STR activities canceled the policy out.

I speak to them regularly and bonuses have never been on their list of incentives.

Maybe you can find other hosts to split the cost.

That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!

If it's beyond the regular duties, then yeah, a fee for his time is valid.

By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).

DSCR loans are not that low and regular hard money loans will be in the double digits.