All kind of stuff. 

Freddie Mac and Fannie Mae, kind of like special lenders, offer good rates but need well-kept properties with lower down payments and longer payback times.

Seems like okaloosa is very busy and lucrative during summer, but kind of a dead town in the winter. 

Some will go with a nicer pad and a cheaper carpet.The nicer pad makes the carpet FEEL more expensive to the tenant when they walk on it.A great pad also resists wear and tear and if you need to replace the carpet the pad usually can be used again.Used to you would put a plastic membrane in between the carpet and pad to protect the pad but the plastic would slide and make noise sometimes.Now they have pads with built in protection.You are not looking for the cheapest product but the best VALUE for what you pay.It depends on the area and what kind of tenants and rent base you are working with.

Kind of like going to artist receptions or open houses for free food & booze.If you're really considering hiring a CPA who offers a free consultation, then it's exactly how it's meant work.

It kind of seems you are stuck with them though since you accepted the insurance money already.

Be kind to yourself.

Let’s do a deep dive into this so you can avoid these kinds of people in the future.

Or is there an acceptable or usual profit sharing for this kind of arrangement? 

Please see below which is shared to me by an agent, please correct me if I am wrong. also, what kind of issues can come up(as you mentioned) ?