Its also simple, because the partner is committing money only and expecting a predetermined return.

The daily grind of getting that next bid from customers, who have predetermined that every contractor is going to rip them off, is putting a bad taste in my mouth. 

You’re selling your interest in the property - your right to buy at the pre-determined price fora premium.You’re selling your “option”, if you understand that lingo...

@ K S.If you have 1031 exchanage proceeds (presumably from sale if investment property) that you are looking to invest, you can invest in DSTs that are predetermined or designed to get acquired by a REIT via 721-UpREIT.

The profit is predetermined, the term as short as possible, as short as the rehabs may require.

Then they usually or set to a spread over the prime rate, but can't  go up more than a predetermined amount each year.  

These are negotiations and there is really no pre-determined path to take.

They charge a few bucks every month (which I make the tenant pay for) and then if something breaks all you need to do is pay the pre-determine service fee (which I also make the tenant pay)AHS will replace whatever they cannot repair free of charge.

USPAP (the appraiser's bible) requires each appraisal submitted to a client to state in the certification that compensation is not based on a predetermined result or value.  

Charge her hard money points during the hold time, you keep preferred equity (your money comes out first), and you take a pre-determined portion of the overall profit (say 10-20%).