Yes, I work with an excellent CPA in Kennesaw with an extensive clientele of real estate investors.Connect with me here on BP if you'd like a warm introduction.For the record, I am an existing client, but I receive NO compensation for making this referral.

If they owe you rent and the vehicle is paid for, you could potentially take the title to the vehicle as compensation.

Article 25 defines a real estate broker as an individual or an entity, who with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses, lists or offers or attempts to list, or negotiates the purchase or sale or exchange or mortgage of real estate, or negotiates for the construction of a building on real estate; who leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; who engages in property management as a whole or partial vocation; who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or who, as owner or otherwise, engages in the sale of real estate as a principal vocation.

Here's the actual law on who needs to be licensed for what:Michigan’s occupational code, we find a very broad definition capturing any individual or entity that:…who with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses, lists or offers or attempts to list, or negotiates the purchase or sale or exchange or mortgage of real estate, or negotiates for the construction of a building on real estate; who leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; who engages in property management as a whole or partial vocation; who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or who, as owner or otherwise, engages in the sale of real estate as a principal vocation.Chatting with someone from the Michigan REALTORS would likely be a good place to get confirmation as they would be the ones most interested.It's also important that whoever is doing the leasing is trained in all the laws around leases, RRP, fair housing, landlord-tenant law, tenant relationship act, HUD, lead disclosure law, eviction laws, etc. 

Has anyone had a similar setup and/or ideas on how to ensure he's fairly compensated for the extra work?

Often if feels like you are not being properly compensated for the time and effort you are putting in and often your clients treat you very badly. 

Being shady is just not good business in my book and I hate to hear stories from people who have been victims of shady dealers. 

Regardless I am looking for compensation as a pair off appliances can push $2000.

Everyone is compensated fairly for what they do.

My sibling and I are trying to determine what would be an equitable approach to compensate my “sweat equity” given the initial ownership structure of my sibling's 95% and my 5%.Initial thoughts have been to transfer ownership units from my sibling to myself, and Income Before Taxes retained each month would also be determined by the ownership percentages.