they should be able to repair the counter for a nominal fee

If so, do whatever it says.One option is to just pay him back the money he invested, plus some nominal return for the time his money was in the deal.Another would be to have the house appraised to determine its current value.

Reason: I understand a nominal flat type of fee, it's a pain in the *** to put together a syndication.

Prediction 1: Home prices will fall 1%Come summer time, home prices (YoY) will decrease nominally 1% (not inflation adjusted?)

After that there's a nominal annual fee.- set up deposit collection.

They may not want to part with a copy, so if you get stuck then it would be advisable to at least find out whom they use for their attorney and you can probably buy a good one from that law office for a nominal fee.Don't cheap out. 

I have used title companies in the past to even generate the note according to my terms as well...all for a nominal fee. 

Make sure you are able to make changes to the listing after it has been posted for a nominal fee.3.

They want to review your schedule of real estate, personal financial statement, tax returns, etc and approve you for a loan.Once they do, then they'll typically just need to confirm your individual deals based on the ltv, estimated appraisals, rehab, etc.The key is they should only be asking you for a nominal application fee (say $200 to $500). 

So, appreciation and depreciation during a recession are nominal.