You'll need to define each of your roles before you can come up with a split that is "fair" This is just a common sense approach though as I'm not an experienced investor myself. 

Your background in property management is incredibly useful -- the experience you're gaining is as important as the capital you're raising.

https://www.biggerpockets.com/forums/311/topics/473601-thoughts-as-we-approach-the-top-of-the-market?

https://www.courier-journal.com/story/money/2018/0...Right now the market seems to be oversaturated with listings, but seems like an incredible buy for rentals and getting equity from the flipped properties. 

I like the the photo approach much better and will take the pics usually already when I decide to make an offer.

I haven’t read any in depth articles on this approach in BP (but I’m only a casual reader).

any advice on how to approach tax lien properties? 

This essentially means the management company is merely a bridge for the owner to have access to a franchise as well as added benefits and resources (this can be HR, accounting, purchasing, etc.)I am not familiar with the deal you have on your desk, but I would approach with caution.

He also will tell me when the thinks I should take a different approach or am wrong, and I listen.So, the things I'd draw from this are, setting clear expectations with the landlords you work with, and maintaining a good rapport with tenants (that does reduce vacancy rates and people moving out, in my view), and being willing to go the extra mile (within reason).

At least that's my approach.