We all don't want turnover and as long as this tenant is making an effort to pay their rent and keep your property clean, then something can be worked out just make sure you're covered.

I do not use excel as these online services track every transaction automatically and really takes all effort out of the whole process.

He should have invested a lil more time, effort and money finding one with a great reputation.

Turnkey of course will be a little more on the PP side simply because someone is doing it all for you and they deserve a profit for their efforts just like a home builder or contractor etc. 

I would feel like an idiot (and probably look like an idiot) if I put a ton of effort into figuring out an exact number for 10 years down the road and instead wrote 8.937 or something goofy like that.Anyways, I'm going to mosey back over to where I belong.  

This saves them time and effort to not have to reinvent the wheel each time.

If he will be sharing in the profit generated or lost based on your effort, this is considered a security by the Sec.

Sound proofing efforts would be of a lower priority and cannot compromise the fire separation.

So i have spent money in past and just wasted time and effort and money.oops i mean got good experience.How much do they typically charge per yellow letter?  

It's not the easiest of models but the returns are worth the efforts.