My managing broker and my girlfriend will be doing the entire design/layout themselves, keeping this in house.SUMMERY: Managing broker is the bank, I found the deal and will be run the entire remodel myself, managing broker will list/resell property at the end.So what do you all think would be a fair split/breakdown of profits?

@Kasey Gourley lol fair enough.

Hello @Kevin Zhang, there are many ways to skin a cat.

In this case, especially if you're getting a better price and your sure a fairly identical unit next door has them, I might buy them.Another thought though is that if you don't supply them and therefore charged less, you might get the tenant who wants to pay less and actually does not want to use "someone's old washer and dryer."

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

Since they have been really good renters and have at times been some home improvements themselves without asking me to reimburse,  what would be considered a reasonable and fair thing to do?

I think you can still find fairly decent SFH in solid middle class neighborhoods in Indy for close to $140k, but not much lower.

So, on the landlord policy, your Coverage D is called "loss of rents" and the policy will pay you the fair market value for rent for the shortest amount of time while the property is managed.

For my properties in Chattanooga though despite being 200$ below fair market rent for each duplex, I still cashflow after taking into account Projected Cap Ex and Management fees, about 100-150$ dollars a month.

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