Even if you do not make a monetary profit, you will have the profit of experience - which you will certainly be able to spend on future investments.

Liz has extensive knowledge in financing, appraising, construction, marketing as well as her greatest attribute is creating systems to maximize time, quality and monetary constraints to ensure efficiencies on all levels.

In the end, the value of the deal comes down to a minimum, specific, monetary return, within a specific period of time.Here's an example:  I want all my cash back at refi on a rental$100,000              ARV in specific area based on Sales Comps$  80,000              75% ARV for refinancing$  75,000              Cost to buy/rehab$    5,000              Cash Out at Refi (bonus, bonus, bonus...)Here's another example: I want all my cash back at by the end of the first year on a rental$100,000                 ARV in specific area based on Sales Comps$ 80,000                  75% ARV for refinancing$ 85,000                  Cost to buy/rehab$      500/mo.           

And sure, I could probably get the same experience from skydiving or bungee jumping but then again, do those activities offer the same monetary return as real estate?

Here are a list of ideas I have:Partnership with my fatherSearching for local investorsSaving until I have enough monetary savings for a 20% down payment on a mortgageFHA loansSo, as you can tell I have a few ideas, but I'm not sure what would be best.

The only difference is, the first scenario the risk / monetary control is with the client, the second scenario the risk / monetary control is all mine.

I wonder if there's a way to structure things so that there are monetary incentives for the PM when they keep a tenant in place long term (reducing turnover), and perform enough preventative maintenance to avoid high cost repairs that could have been prevented.

Your partner is risking half of a good deal (giving you half) as well as contributing the opportunity and/or work required to close the deal (which could easily be worth as much or more than your monetary contributions).

They work for monetary reward.  

Since they would be unable to conform with contract specifications to inspect vacant property five days prior to close, buyer attempted to tie monetary consequences to late closing which would cover buyers rate lock.