The right tenant might self select, too, like the couple that goes ga-ga for the garden at the showing and professes to being deep into organic gardening... but that may only be a small percentage of renters.

Gross rent divided by the value equals the percentage. $65k purchase price is 2% rule, $130k is 1% rule (based on 1300 rent).

I also volunteered some time and eventually he let me buy into one of his flip projects for a percentage that I could afford and we've been partnering up on projects ever since!  

But on the flip side 1sts tend to have lower percentage yields than 2nds.It's when an asset is upside down (in terms of equity) that it really becomes statistical based on previous data and tougher to talk about without getting too granular.Best,Dave

It was well worth it to get the attorney's perspective on various issues, including member buy-out valuations/time periods, death/succession handling, percentage vote needed to take various actions, instructions on administering meetings, etc.

Yes, that is what I had in mind, but would you recommend a percentage or flat fee?

Does that not require a positive cash flow rate to calculate otherwise it would be a negative percentage?

Do prop managers get percentage on contracted work?

What percentage of retail do you think would be fair for a home that is newly rehabbed and move-in ready?

Would you be able to recommend any who will front the capital for a percentage of the profit?