Their employees pay starts at the employers shop and ends at the shop .

For repairs and Cap Ex I use 5% of gross rents, each.  

Market rent on this home is $800 - $850 but we are renting it for $700 to an employee/friend.

.-  The employee I was dealing with is no longer with the company-   I did not send my reply letter via certified mail-  I have the phone records and the envelope the check was returned in. 

I chose to be an 'employee' of my mgt co from day one.  

I don't mind sharing my gross commissions  by year:Year 1 - $30,000Year 2 - $126000Year 3 - $250000Year 4 - $424,000If I would have started with the right company, with the right training, and just followed the steps they laid out, I would have been so much farther ahead.  

Salaried employees who provide the time for home study seldom stay at the bottom very long.

I think what you're referring to is the LLC Fee, which is based on California gross receipts.  

As Blair pointed out, I snagged a 5 unit for $207,000 that is grossing $3,615/mo with 4 units wayyyyyy under market rent (the caveat is that my partner and I put in $7,000 in reno to make the 5th unit habitable again).

 your thinking too much, you own the house, if you are only doing the trim and painting, take that out of your contract with him, you are doing work on your own place not working for him as an employee or a sub.