C is going to be blue collar, and service people.

Your sister could be added on as a non-equity employee and issued a W-2 salary for services provided. 

I wouldn't worry about artificial goals set by the internet, just focus on what reasonable for you. 

@John Moran,There are number of active investors as well as service providers who are frequent contributors on this forum.

A property management company is a vendor and I wouldn't give equity in exchange for vendor services. 

So the only question is, does the Market Rent for that location and Type of Unit cover the HOA, plus Debt Service, plus whatever other Expenses need to be paid..Because if it doesn't, the Landlord is in for a world of hurt!.

Your conducting business everytime you sign your name on anything......It all started with Wikipedia....Schools are fighting the internet disrupting their market share on education.

Replacing a faucet is a fairly quick and easy task for a plumber, but they'll charge one hour of time and sometimes there is a longer minimum for any service call. 

The landlord-tenant relationship is simply not all about bloodless logic and the simple exchange of money for a service or product.

Although I would primarily be in the business of wholesaling I’m also going to have my real estate license and I want to offer the services of listing homes and helping people find their dream homes or investment properties.