If they are really returning your capital and you have no assumption of debt then absolutely you'll be involved in a step transaction - that's just another way to access profit.But I'm having a hard time picturing that scenario. 

I agree with @Oren K. that maintenance/cap expense is not primarily a function of the rent amount or purchase price but more a function of things like number of bathrooms, quality of interior, square footage, attached vs detached, type of exterior (siding), unit requires HVAC vs just furnace, etc.  

Most of them don’t want to get involved in the PM side for what I’m charging, so keep adding value to the Realtors and they’ll come.

I got an attorney involved.

Hi- I have been doing a lot of research and want to get involved in property investing. 

Do you have a contract drawn up and checked by the lawyers of all parties involved?

I created a few resources that out of state buyers might find useful in gaining insight into the Indianapolis market1) Neighborhoods and their classification on a map ( A, B, C, D = using input from the forums)zip code boundariesstarbucks, whole foods, hospitals, etchttps://goo.gl/cvDi8T2) Virtual driving from Fountain Square to Lucas oil stadiumhttp://youtu.be/8AU6iCamTwc?

My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that owns a Davidson County, TN residence free and clear of any liens.

Have a partner involved with good credit but trying to move quickly on this.

So we hit a bad streak with houses having issues and GC's and subs taking their time to have things completed on time, quality of work, subs not being paid, my husband and I had to much involvement and time spent so we said we have to change strategies.4) We both work full time jobs so the time we could spend at the job site was limited and hence the reason why you hire a GC but then you start hearing comments "oh it must be nice to work full time jobs, flip houses on the side, and show up here when you want too and do nothing and make all this money!"