That seems to me to be adequate compensation.Don't get greedy. 

Are they adequate or should I contact a lawyer? 

Have you asked the building department if a 38 gallon one is adequate in your situation? 

Make sure you still have adequate attic ventilation. 

I feel like I have adequately prepared myself doing research, reading blogs and I will be attending a REI meet up on the 10th hoping to network with people familiar with the realm of real estate investing and specifically flipping.

@Corey Owen - just have your private investor provide you with a bank statement showing there is adequate money to cover the deal.

Other reasons may simply be that the PM isn't marketing the property very well or the leasing agent isn't answering the phone, promptly calling back, schedule showings adequately, etc.Do a google search for the address.

In my opinion ones who do it on the side with little houses do not have the systems and processes in place to adequately manage.Plus as soon as they get a regular sale going on a house for a big check they do not care about that 50 a month to manage your asset anymore.

@Chris Semak I would like to sound a further recommendation that you sit down with an accountant and attorney who understand cross-border taxation, liability and real estate to ensure you get the ownership organisation which adequately balances your long term goals with protecting your assets and minimizing your taxation.

Now my goal is to adequately prepare my children and grandchildren for what ever the future may hold.One negative point.