@Harsaha LenkaI looked at the OM and it’s missing vacancy and collection loss and repairs and maintenance.  

Finally, I used the Thumbtack app, and I made more progress in six days than I did in the past 75 days on painting, flooring, lighting install, HVAC repairs.I currently use apartments.com for my automatic rent collection, so that system is helpful. 

Board collected those funds and put them in Operating instead of Reserves.

You may want to make an introduction between your CPA to those 2 colleagues.The CPA can go over their services and pricing to your colleagues.I partner with many people on real estate deals - It never gets to a discussion on whether they do their own tax return or hire a professional.If a partner mentions he will provide capital - does he provide the capital on a timely manner.If a partner mentions he will find deals - does he find many deals and provide an analysisIf a partner mentions he will manage a property - does he manage the property well(find tenants, collect rent, communicate with contractors, etc)

In collecting and evaluating data.  

Yeah the plan is for her to do everything for the rentals, collecting rent, posting houeses for rent in Zillow, evicting tenants, tenant application, etc but I don't know if these would be enough for her to have spent 750 hours a year...

It allows them to keep those afloat and can collect fees on that side by retaining ownership of the deal. 

If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.

With the 25% I charge I'm not expecting you to lift a finger, just collect a check. 

So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.