Normally, as @Jaycee Greene suggests, you make a management fee plus a split of cashflow with investors (oversimplified explanation).

Usually a pattern will emerge on a 'normal' deal in your area.

@Frank Pyle yeah, this is pretty normal and the type of home you use isn't of consequence. 

Normal comp is 100-150 bps on volume for these roles if commission only and completely self-generated leads.

Gunshots , dealers on the corner , break ins , trash and junk piling up , hookers , gang signs , just the normal stuff 

Some old Milwaukee sewer laterals have tree roots that like catch on to stuff.We also eliminate garbage disposals during rehab and normally we have someone from our team check out issues, before we send a plumber.

We heat and keep the doors closed and don't have issues normally.

There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

Depending on your loan it might only work in the STR game.HOA’s normally do not allow in the Oceanside area but if you get on the beach then they do with restrictions.If you want a personal consult let me know.I have a team here in Oceanside, Carlsbad.

In the interest of connecting with agents here, my interested markets are:Bloomington-Normal, ILCrescent City, CAColombus, GALouisville, KYSavannah, GA Peoria, ILMilwaukee, WI