How much equity is appropriate to give up to get someone out of a tough situation and get them paid in cash within 7, 10, 14 days?

I was just curious to get feedback on when hiring a property manager would be appropriate.

I was just curious to get feedback on when hiring a property manager would be appropriate.

I meant a service which could receive my mail and scan it to me. ( not sure what would be the appropriate name for that service)

But there could always be specific circumstances where a hold of less than (or more than) a year might be appropriate. 

Assuming the minor is your child, which, I don't know that you'll be able to legally hire them if they're not, they'll most likely be categorized as an employee for federal tax purposes.You should discuss with your tax advisor regarding running payroll and issuing a W-2, as well as opportunities such as a Roth IRA for the child.Some people might just write a check and issue a 1099, but that's not proper if the child would be appropriately classified as an employee under law.Usually this strategy does not make sense unless you plan on paying the child at least a few thousand during the year. 

A friend had mentioned installing a thermostat by Honeywell that has 4 - 6 sensors that report back to the thermostat to then try and average the units and come up with the appropriate thermostat setting to keep all units where they should be.

Ben Howard RE/MAX GoldThe accuracy of all information is deemed reliable but not guaranteed and should be personally verified through inspection by and/or with the appropriate professionals.

The property is in Winston-Salem so I wasn’t sure what would be the appropriate fee.I wanted the experience of doing this myself but I’m having a hard time figuring out the application, lol.

@Justin Koopmans To help clarify on a point that seems to be moving in a misunderstood direction, speculation IS a major segment of Real Estate Investing, AND some speculative investing can be structured for low risk exposure (ie wholesaling) and other forms are extensive risk exposure (ie long term holding for speculative market value increase's) and should be left to just those of appropriate mastery level and with ability to absorb losses if when losses occur.