You could try and charge a % of profits, but how easy would it be for them to operate either under the table or at a "loss" to avoid that.So if it were me, i'd look at doing a lesser amount to start and phrase it as a benefit to them to help them get their business off the ground with an excerpt to reevaluate after a year.

You could have a multifamily where you pay heat, electric, water, garbage, lawn, snow and repairs happen every month, with vacancy once a year.

Some were single moms that worked crazy hours to stay above water and kids were left home all day.

They felt too under the water in California and could barely pay for their school loans while living with their mother and pretty much didn't have a real chance to get into real estate while living there.

I preferred the DEFINITE money to the MAYBE money, even if it meant I might have left money on the table (not all storm warnings result in a storm).

- anyways my research indicates that the previous owner had an unpaid water bill of 15K that went unpaid and the city cut off the water, tenants bailed, and property went in to foreclosure.

Ask a real estate attorney for the state you are considering.But, here are some costs:Unpaid principalArrearslegal fees of the pre-foreclosurehome owner's insurancemoney to the seller for movingmoney to the real estate agent if one is involvedtitle insuranceescrowpre-paidsunpaid property taxesunpaid 2nd loan if it existsunpaid electric billsunpaid water billsunpaid gas billsunpaid mechanics liensunpaid fines for city violationsdeferred roof maintenancedeferred maintenance in generaldumpster to get rid of everything left behind

But if you are using it for the kitchen then LVP is better because its water resistant. 

- Drain pool, cover pool- Run HVAC for 10 minutes, AC/Heat- Leave refrigerator slightly open- Run all water fixtures and flush toilets a few times- Drain and turn off water heater - Have gardener specifically look for rodents intrusion Any and all ideas on additional long-term storage welcome.

Repair Costs: $2500Down Payment: 25%Interest Rate: 6.1% - 30 Years LoanRent: $2350 (current)Water and Sewer: $150 monthlyGarbage: $100 monthlyInsurance: $200Other: $275 (this is my HELOC payment assumption)Vacancy: 5%R&M: 7%CAPEX: 7%PM Fee: 10%Annual Income Growth: 2%Annual PV Growth: 2%Annual exp.