But maybe you stumble upon that shabby looking rarity that doesn't have any major needs or issues, or get connected with a good contractor... luck plays a role in those.Third point, agreed!  

Im In the Tampa Florida market and I have called a multitude and they either don't work with investors, or they don't exercise cash out refi, is there a catalog to use to find the best investor-friendly banks in your local market?

Were planning to establish clearly defined roles/expectations and create terms of agreement.

You can't really even start answering the question without that information and more, because the optimal renovations you would do for a newly-acquired property would be quite different based on your answers to those questions and of course, your goals, both for the property itself but also your role dealing with the property and with real estate in general going forward.

(It’s a great exercise to help unlock your highest potential and possibilities).  

How the returns are split depends on how much each partner puts in and what each partners roles are afterwards. 

Those relating to the management, leasing, rental, security deposit, or operation of the Property by the Agent, or any person in the Agent's company, or the performance or exercise of any of the duties, powers, or authorities granted to the Agent; This sub-section, and all rights to the Agent’s indemnification, shall be considered void if the Agent exemplifies any willful acts of gross negligence;Is this pretty standard language for a contract?

I'm seeking input on what the BP community thinks is a fair fee for my role in facilitating a transaction. 

Those relating to the management, leasing, rental, security deposit, or operation of the Property by the Agent, or any person in the Agent's company, or the performance or exercise of any of the duties, powers, or authorities granted to the Agent; This sub-section, and all rights to the Agent’s indemnification, shall be considered void if the Agent exemplifies any willful acts of gross negligence;Is this pretty standard language for a contract?

You get to exercise creativity, financial analysis and negotiation/sales skills all on the same project.