You negotiate the bonus as a fraction of the net profit from sale or a stated amount.

Have dropped rates significantly and occupancy a fraction of what it was last year. 

Bid will need to be 1/2 or 1/4 (cant remember which one was the correct fraction)of the property value along with the back taxes and fees.

In a high priced market where he has property, a fraction of the monthly rent would fund a new furnace.Once you have some properties in a specific market, you can get a better sense of what the right ratios are for your portfolio in that market with the current management.

There are some tools that would allow you to remotely manage yourself for a fraction of the fees.

I'm working with a very small fraction of the potential capital you will be inheriting, so my gameplan is slightly different, working in the lower end neighborhoods of the city. 

If there is debt, you pay UBIT on the debt financed fraction.

My thought is finishing the basement but not creating a separate unit would likely be a fraction of the cost and maybe see a better return. 

No I'm probably not too keen on fractional ownership like Pacaso or whatever.

Then have the real estate agent market 1/8 (or whatever fraction you choose) to buyers.