Im not an expert on who owns what but I do know that these companies own a good percentage of single family homes which is cause for concern when they do decide to dump off everything they own.

Keep in mind most PM agreements have a clause that they get a percentage of the contract even if they are not the listing agent, tho I have never had anyone enforce it, so check your contract.We have found home owners worry about tenants being in a unit, even if you have the right to terminate the lease they are always worried about the tenant not wanting to move out.

Everywhere I have ever worked we charged 1/2 of the first months rent and a negotiable monthly rental rate percentage depending upon number of units.

You indicate you have $20K equity but not sure where you are as a percentage of total appraised value.I agree with @Moises Carlos that refinancing to a conventional might be a good choice so that you can put the FHA back into your "toolbox".  

The disclosure includes the minimum and maximum amount of securities and either the percentage ownership of the company represented by the offered securities or the valuation of the company implied by the price of the offered securities.

My questions are is this a current good percentage amount for Salt Lake City.

I have an opportunity to JV with 3 other investors and I want to know how best to spread the risk and reward, fairly, while securing everyone’s stake by the real estate.We’re looking at a potential deal that looks like this:ARV: $400k-$425kMOA: $165k RB: $160kTarget net profit: $75kConstruction time: 6 monthsInvestor #1 has the acquisition funds.Investor #2 has the repair funds.Investor #3 is the General Contractor.Investor #4 (me) is the Project Manager & Listing Agent.If the GC and I waive our fees in exchange for an equal percentage of the net profit will that be fair?

These sellers are motivated (as a percentage) and glad to have someone offer lease and option to buy some years down the road to build equity. 

Not sure what type of agreement you may have with this gentleman but some questions that come to mind are: what is your ownership percentage in this project and is that reflected in any contract? 

You will also need a certain percentage of the unpaid balances on your other loans as reserves in order to qualify.