New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school.

The temptation to pass on bogus costs and skim is great and limited partner most always has bad results.Such as: cash calls, lawsuits, errors, hiring family and they are vastly overpaid, tax audits to name a few. 

You really need to scope at a good one and sometimes, that means trial and error.

We found what we niche we wanted to be in through trial and error, You are young enough where you can some options to see what you like best.

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@Francisco Milan - The only utilities I pay for is water (and common electricity) since I own old multi-families and its hard to separately meter it.

I’m sure your lease specifically says security deposit can not be used for last months ent as almost all leases ha for at least 10 years when it became a common practice. 

$2k seems like a common number people usually jump for.

If the partners can be considered active, then you can form a JV structure, and a securities attorney will be able to help you understand the threshold of involvement they must have to considered active.Now, on to what is equitable: I would say most common structure is a pref plus carried interest structure.  

Is this common in Indy?