@Ned Carey - this is the closest clause I could find in the PM agreement that might (but I don't think does) elaborate on what you're referring to:"Management Fees: Owner agrees to pay Manager a fee or fees for services rendered at the rates hereinafter set forth.

The closest thing to what you're saying that I've heard of is that the statute allows for the county to no longer tax a county held tax certificate property after 6 years, if they so choose.

After seeing one of my closest friends live a deliberate lifestyle thanks to Real Estate investing, I said "HOW DO I GET STARTED!!"

Have you looked for your closest REIA?

Would a restaurant stay in business if they sold a T-bone steak for the price of a grilled chicken sandwich?

Save as much as you can for 5 years, eat hamburger instead of steak, become a student of success, read Millionaire Real Estate Investor every few months (and other books) & be thankful you are smart enough to ask the question you asked at an early age. 

I have been trying and trying to find a way to get the exact number or at least closest to it but I’m still having a hard time but I’m still researching the best ways to do so at the moment.

Hello BP, I ran into this post while I was browsing through the forums and this thread is closest to the information I am looking for.

But the closest him and I have ever been to Real Estate is by just renting properties to live on.

Now me and my closest 80 friends are gonna spend a week at the beach!"