@Michael Darten  Most property management agreements have the monthly PM fees based upon a percentage of rents collected.  

Regarding DTI - mortgage industry will alllow around 40%, but tenants tend to pay a higher percentage of their income to rent/housing than homeowners.

 I have 10 properties in the Portsmouth Virginia area and as of right now I am trying to sell those properties and they’re worthless as far as recouping any of the money that I put into the purchase  I have claims at the moment with the FTC in the SEC also have a claim with sender I filled out an affidavit and waiting for them to return with the information  I have to say Preston and his crew really did a bad job on me for I invested my retirement money in these places and I have no chance of recouping any percentage of my investment  I would like to sue these people if it’s all possible I just don’t know how to get started and go about finding a lawyer that would handle the shoot process If anyone out there has any idea as to how I can go about doing this please let me know through this through a post if you would please

We want to detail the responsibilities, capital contributions, profit and lost sharing percentages, decision-making process, have dispute resolution methods, and exist strategies.

On insurance side of things, there is a lot of variables.

When you put that in terms of a percentage of your net profit - that is 40% of your net profit going to the PM.

The costs are taken from the model and applied on a percentage basis.

Although the percentage of the increase is large, the determinative factors are whether the resulting rent is so great as to shock the conscience of a reasonable person and was effected for the purpose of compelling the tenant to vacate."

Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

What happens if/when rates rise, and the fixed rate mortgage debt that they swapped for variable rate HELOC debt is now accruing interest at a higher rate?