Will partly compensate you mortgage and insurance, and you can put you rents to take care of rest.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

How do you find and compensate a good designer for overall material choices and color selections? 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

If not, maybe you could transfer value from another project in your portfolio at a “not 50/50” basis to compensate you for the disproportionate outlays on your part?  

I suspect he was compensated (take home pay) similar to top agents in the US.  

Agents are motivated by compensation (previously known as commission).

What would a  good sized operation(flip/wholesale/LO/ OF)  compensate for sales or Acq Manager position?  

My question: Is there anyone you would recommend (preferably in the boroughs) that can help advise me on how to structure this deal that's fair to all parties and compensates me for the risk I'm taking? 

Professionals should be compensated for their time, and you should hire a professional to walk any property you're considering spending thousands of dollars investing in.