A good American site to learn more is called ami.org (American monetary institute).

Requires a landlord to first apply any tenant payment to rent before applying the payment toward other charges.Prohibits continued tenancy and relief from forfeiture to be conditioned upon tenant payment or satisfaction of any monetary amount other than rent.Provides the court with discretion to provide relief from forfeiture or to stay a writ of restitution.Requires a landlord to provide a tenant with documentation regarding any damages for which the landlord intends to retain any of the deposit amount.

So if I contribute 5% of total acquisition costs, I'd receive 15% total equity and cash flow.After the conversation today I realized I need to get my feet wet and probably should just bite the bullet and just use this as a learning opportunity and just split the percentage based solely on my monetary contribution.

To me, the Timberlake Wetland Restoration Area today is about worthless from a monetary perspective.

.* Actively listen, so your counterpart feels heard* Mirror them to keep them talking and continuing to feel heard* Use the late night FM DJ voice* Label their feelings* Anchor their emotions* Never use Why questions* Define an approaching deadline* Pivot to non-monetary terms* Establish a range and use odd numbers, so they seem calculated and immovable

When I first started we were in SoCal and I self managed 2 LTR in St George UT and learned so so much but in retrospect what I learned starting STR was on par with each other but with the monetary gains way more.

@Rana Zaheer: It's typical for an investor to sell to another investor agreeing to settle the monetary portion of the violations only, or provide a credit for same, without curing the underlying issue that caused the violation. 

I also try to add value that isn’t monetary... for them.Example: “you mentioned that it’s gonna take you a long time to go through all of grandmas old stuff and clean the house out.....

Or are you just “estimating” what vacancy would be but as long as the property is occupied there is no literal monetary value placed on a presupposed vacancy rate? 

Stocks, etc. may appreciate (don't always), but cost "nothing" to own.Property incurs on-going costs of ownership in the form of property tax, even when there is no monetary lien and without regard to ap-/depreciation.