Notes can be very profitable if you do your homework and know what to look for to avoid problems.

Take a look at the copy of their property management agreement at their website.Anyway there is one thing I can tell you, all these companies show returns based off of different calculations and they also differ in what they include and exclude in their math.

Also, don't over pay for a property do your homework and wait for the right deal, I'm still giving myself that advice and every month that goes by without a deal it gets harder to do but trust me it's worth it.

I'm ignoring the cash flow differences for simplicity but you have 4 instead of 1 property and can do the math there as well.  

I promise to do more homework before I sign anything.  

It seems you have done some homework on the subject and have some good questions.

That seems a bit risky, but I will have to do some homework on that.

My only complaint is that there are a few things that should be better explained in the math section (mostly terminology) but luckily I already knew most of it from BiggerPockets.

Let’s do the math: I’ve given them $250.00 in five years, oh yea, I put new carpet in the living room because it was old when they moved in – maybe $400.00 (installed).They in return have paid me a couple of late charges and in addition $54,000.00 in rent alone.All on a house we paid $45,000.00 for 9 years ago.

Hey @Matthew SuttonHaving managed contracting firms before, the biggest piece of advice I can give you is: do your homework.