Further, we always assure our fee structure is more than fair, transparent, and we're all in alignment.

3) for depreciation purpose, I need the original "structure" cost which I have in my first assessment from county.4) I understand that if I sell in the future, I need the "fair market value at time of conversion" number. 

I'd love to talk to you about your approach - my family has been doing this stuff for years and I'm starting to get involved, but there are some questions I have that I feel like would be good to hear from someone else about so I get outside my bubble.Examples of what we do:* a few billboards* a fair number of STNL restaurants* a few shopping plazas (aka strip malls with 3-4 tenants)If you have experience with this type of stuff I would love to talk more!

I'd love to talk to you about your approach - my family has been doing this stuff for years and I'm starting to get involved, but there are some questions I have that I feel like would be good to hear from someone else about so I get outside my bubble.Examples of what we do:* a few billboards* a fair number of STNL restaurants* a few shopping plazas (aka strip malls with 3-4 tenants)If you have experience with this type of stuff I would love to talk more!

on that money (ie 25% x 2/29 x the lower of the fair market value the day you transfer it or your cost basis (ie bought price plus rehab costs when you were living there).)

They have more skin in the game then you do.Make sure you get clear title.

They were giving me fair market rates. 

Since its new it actually would be fairly easy since you have all the specs.

Is my compensation fair overpaid?

Remodeled and  pricier units (in this complex) also sit on MLS for months, as far as I can see.  1.5 k is not exactly for low income tenants.However, there is a fair market value in older properties and two years ago it was higher than what i can get now, based on my experience.