Another aspect to consider is that it's best to determine a price based on your (or a Local Realtor's) research and get it in writing before the appraisal.

Depending on the investor's net worth, they may be required to meet the requirements of a sophisticated investor as defined by law in order to participate in your offering.

The appraisal aspect would scare me.

Buildium did an excellent job in every aspect. 

It was the most stressful, mind numbing work i have ever done, as i struggled to find one single aspect of the job i enjoyed doing.

In the aspect of all the bars, restaurant's and other things to do.

It sounds to me that neither of you have defined the partnership in detail.

I think that idea (BRRRR method) is great, but saying you plan on refinancing your properties into conventional loans involves various aspects.

That's the verbiage from the standard application as defined by TAR(Texas association of realtors), I asked a local realtor and she explained it as ; if the landlord rejects the prospective tenant then fee is refunded, if tenant withdraws his application then fees is not refunded.

Ok forgot about that aspect of Redemption.