You appear to be a property manager so I'm willing to bet you follow this same process.You appear to live in Pennsylvania so I will tell you what your state law says: Prepaid Rent: A landlord is only allowed to collect up to 2 month’s rent for escrow purposes, 1 month’s rent during any subsequent years. (68 P.S. §§250.511a.)A recent ruling in PA makes clear that it doesn't matter if you call it prepaid rent or last month's rent or security deposit.

To get straight to the point, I'm currently living with my in-laws (not totally for free) & saving for a house with my fiance.

Thanks @cody L.Is the 1% total rent for multifamily or average per unit?

In total, I paid $186 to have 9 blinds installed in a rental.

Over the next year, I'll require you and your wife to work a combined total of 200 hours with no pay.

You could just have a base rent based on the total sq footage and then have a break point to pay additional rent above certain annual sales.

I am not an accountant and the new tax law has brought changes that I don't yet totally understand.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I notice you didn't mention the money owe me on the other property, which is a totally separate agreement.

Would that even be a smart thing to do or is it totally stupid?