If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV.

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account. 

.🔹 Trust But Verify – Set up accountability metrics, KPIs, and reporting systems so you oversee performance without micromanaging.🔹 Know Your Role – Your job is to build and grow your portfolio, not handle every maintenance request.Final Thought: What’s One Thing You Can Let Go of Today?

It's adjustable based on size, erring on the side of generosity.

Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

My custodian does not have a money market or similar sweep account to keep idle cash earning.

I asked for ad copy and accountability of all adds and money I spent, only to be ignored.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

So we create a partnership agreement and a new LLC and he funds the LLC account with 50k.

I’ve got her dealing with 8 properties which have individual accounts.