The prior agreement was straight 50% split.

Hey man, Im a recent licensee that came straight out of high school as well.

If I had to put a cut off on a score I would say below 500, but it is really case by case. 

@James Ross10% CoC return is where I’m trying to start out as well and build up from there yearly with rental increases/cutting expenses.

Thats  Thats around 4 grand per unit , still thats cutting it very thin 

My preferred method as an investor is to to find a bank that will do a line of credit on the rental property instead of doing a straight refinance.

This is a small town (10k pop) and the have city municipal utilities that provide the electricity, gas, water, sewer, so I should be able to go straight to someone in that department for the utility questions.

And, two, - with these vacation rentals I am thinking I can do better than double the income, thus cut into some of this economic loss at the property.When looking at real estate it's important to see past real estate :)

Although,  no cut in pay if the tenants were clean and respectful. 

My guess is National Speaker comes in to sell their program and the local guru gets a cut of the club that buys.