My thought process so far:-Total cost of the home: $400k translates to $2500/mo with $80,000 down-price of the home seems in line with comparables in the area-similar homes on AirBnB and AirD.na go for $400-600/night-assuming a rate of $420/night it would take 72 nights to cover the mortgage-a quick availability check on AirBnB makes that seem easily doable.

For example, what percent of money from either side of the partnership is put in, and how does that translate to split of prophets if the work load between the two are different?

Translation: most bird dogs operate illegally.If you want to hunt down deals then consider just getting them under contact (sales agreement or an option).

Yes that 1.67% is monthly which translates to 20% annually.

Large and Quick may not translate to SMARTEST!  

Guess my sense of humor doesn't always translate in a forum lol!

This brings a different kind of value that doesn't easily translate into $$$.

Let's translate, shall we?

Obviously if those salary/tax statements are in a language other than English, prepare to jump through some hoops like certified translation (tip - do it online!)

I set them up online and told them that they could otherwise place it in my mailbox.When the boundaries are clear in your head, they will translate into your actions with the tenant.