We are also looking to network with out of state investors that are looking at NWI. 

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I think you may want to start of the arrangement in a more simple fashion.Ask for a loan in which he will get a stated return 6% to 12%.If you are both successful happy with this arrangement, upgrade to a partnership.I think a partnership off the bat makes things complicated.You will also likely make more money in a loan agreement if the project does well.

Fees should be clearly stated in writing, easy to understand, and justifiable.

This investment is giving you TERRIBLE returns.If working remotely, could you sell your home and move to another state? 

Then I get a written estimate for a local storage locker with a similar amount of square feet of storage because in my state the tenant must pay the reasonable costs of storage before taking possession of the personal property.It might take longer than 15 days because the notice may be the time they have to respond, but they may have an additional amount of time to pay.  

I am currently on an H2B non-immigrant work visa in the hospitality sector and am legally not allowed to have another job other than what is stated on my visa/petition. 

I am an out-of-state investor looking to connect with investors in the greater Cincinnati area to build up my network.

(Florida’s insurance scares me.) if your intent is to avoid state income taxes.  

And yes, based on what you stated we would need more information but let's take it at face value - what if you don't show enough income to get a "traditional" loan?