Verbal agreement is I’m part owner of the property, but we’re flexible on semantics as long as profits are divided up proportionately.

@Daniel King as long as you give tenants payment options, they can "pick their poison".Most free software for owners, make their money by charging tenants.We've designed our charges to encourage online payments and discourage mailed payments.FYI: not sure you can legally NOT accept cash, but you CAN require them to only deposit into your bank account instead of giving it to you.

For the NYC market perspective, the owner financing terms sound awesome! 

@Vik John as @Matt Devincenzo pointed out, you should have asked MORE questions about how your PMC will execute their services BEFORE hiring them.We post all over BP that owners should take more time to ask more questions instead of just focusing on price and a good sales pitch!

Also cold call multi family owners to start networking and finding deals outside of the MLS.

As the LLC owner, you're not responsible for tax withholdings or providing benefits to them.

Negotiated against the listing agent and the owner.

Plant City we are working with an owner with a 2 acre parcel to get approvals for a 10-20 unit depending on the density we can get approved with zoning or planned development.

Another area that’s really good is close by which is Shawnee Kansas and you can find properties under 300k in a great school district that attracts renters and home owners.

Here’s a thought experiment for you: Owner buys Blackacre on day 1 for $100.