@Jessie DillonIt would play out based on your operating agreement.

Compensation would be based on the successful closing of flip properties. what would be fair compensation in this case?

I analyze based on the return that we are getting with our investors' money. - Annualized ROIFor Rentals that we hold in our portfolio, that were perhaps once BRRRRs, I analyze based on ROE - Return on EquityHope this helps

Water heaters, furnace, plumbing leaks, replacing a roof, replacing the main water line, tree trimming, microwave replacement, etc. $20-25K would be awesome but you can likely get by depending on condition for $10-15K. 

My name is Caitlin and I am based out of the Denver, CO. 

Look at the rentals that are comparable and base the rent off of those numbers. 

Real estate pricing is based on demand and desirability so very cheap properties are often money pits with high maintenance and high vacancy.

Everyone here will try and sell you something based on what you're describing.

I actually started flipping with little money and then transitioned to wholesaling because my goal is to build an active business in real estate, and for me, wholesaling was and is more scalable and profitable than flipping.People tend to think wholesaling is easy based on how gurus portray it online, but it's not.

I think bringing a design expert to run through these properties with the contractors and put together the design based on a specific budget would be a good idea.