Im contributing the rehab cash and managing, the realtor is locking down the project and financing the acquisition. 

From a financial perspective, you are booking all investments in the property from your personal cash as an equity contribution and anytime you pull money from the LLC, that is an owner distribution.  

She may not have been contributing to the rent. 

Your montly income is $1150, but you still have $1302 in expenses.For one, since you doing brrr you still have a mortgage ($125k) as part of the final calculation contributing $774 in P&I. 

I contribute a portion of my commissions towards discounted stock purchases, and they award me with stock for certain production milestones.

@Dion DePaoli any perspective you can contribute is appreciated. 

Other people want everything proportionate vs capital contribution.

Check their rates, lease fees, lease renewal fees etc.Do direct deposit of your rent collection and contributions to your PM for repairs from that bank account you just opened and never touch the income as you save for the next property.Do a spread sheet on all your properties as you accumulate more to keep up with passwords for log in to lenders, PMs, insurance, etc. keep track of cash flow, property taxes and insurance (the fluctuations of these benchmarks will give you the information you need to make decisions on raising the rent or not.

@Mary M.Any appliances you have in that building will contribute to your kilowatt hour usage.

if you own the land out right and contribute it you bring a lot of value with the whole package.if its just your idea and no money and no risk.. then the money is entitled to the majority of the upside ..finding people to do what you described is not that hard and they will do it fee based.