This division is standard unless Cousin A and Cousin B agree to a different allocation of income and expenses in a written agreement.

In addition to keeping doors and windows operational, requiring renters insurance, develop a standardized criteria that you will apply to all dogs/cats.

Pre Payment penalties are standard of 3-5 years, and can usually be eliminated completely for an increase in the interest rate of 1.5-2%+/-.

The other popular open floor plan was American Standard 

Tenants don't see any difference between a den and a bedroom as long as it's a functional living space, so you won't run into any issues thereIt's unlikely that you would have to pump out the system more than normal with standard usage, but one thing I would recommend is to always ensure your septic alarm is fully operational.

I just want to know if there is an industry standard or convention in this situation for how these things are divided up between the PMC and on-site management.

Hi Steve,I am certianly no expert but I believe the P&S agreement on a Sub 2 is not necessarily entirely different to a standard P&S agreement but I have seen Sub 2 versions to have verbiage such as the excerpt in the sample below, in addition to all the other standard clauses/ sections - as with anything, I would suggest you run this past your attorney to confirm it works in your state/ for your needs.

Water that foundation and keep those big tree roots away from your house!!!

A landlord will often get a HUGE water bill because the tenant doesn't care, so won't alert their landlord, about a running toilet. 

First post to test the waters!