If student is under 19, include a clause in guaranty agreement saying guarantor is liable for full term of the lease, even if the student disaffirms the contract upon reaching age 19.You can require tenants obtain renters insurance with liability coverage in pre-determined amounts. 

Down the road when you sell the house, either you get the $85K back with a predetermined amount of interest (eg 5%/yr) OR you could do it as a percentage. 

If it meets your pre-determined criteria, then it's a good deal regardless of whether or not you are cashflowing while living there.

You want to do a STR in a location with pre-determined regulations so you know what to expect. 

Seller is interested in paying to occupy the property post sale for a predetermined period of time while they find new housing arrangements, removes their belongings, etc.

A predetermined common area allowance percentage (determined by you, the owner) is deducted to give us the billable figure to allocate.

Hey Wheatie, one last question: When doing a sub2, does the buyer typically give the seller a predetermined amount or % of profit from the sales price?

You can also create a competitive set so you're comparing against properties that are very similar to yours instead of comparing to a pre-determined set that may or may not be worth comparing.

Simultaneous to that you sign a lease for a pre-determined amount.  

Partnership is 50/50.1) Money to provide 100% of the down payment / acquisition costs2) Manager to provide property management - no fees except for marketing / supplies3) Net income split 40% to cash reserves to $20K (assume reserve value is accurate) 10% to Money (cash flow) 10% to Manager (cash flow) 40% to Money to repay the down payment (~5-6 yrs to 0 balance)4) Any remaining Cash reserves at sale are first allocated to down payment, second loan principal and 3rd equally split 50/50%.5) Cash reserves to be replenished as used at 40% of cash flow.6) Any assessments to be split 50/50% should the reserves not be fully funded7) Upon sale, mortage and down payment to be paid off, then any profit / loss to be split 50/50%.8) Buyout of partners possible should one decide to sell (using pre-determined value)9) Other partnership boiler plate stuff that attorney throws inIn addition, Manager is also requesting a 7% fee once the down payment is paid back, stating that I no longer have skin in the game (all money returned) and so his sweat equity for 6 years has earned him the 50%.