Sean, sorry i dont recall going to any events and meeting you. thank you for advice,  I'm definately calling local PMs this week.

I am wondering how to write a formal contract and define scope of work. 2.

Utah state code reads:(4)A renter who is a victim of domestic violence, as defined in Section 77-36-1, may terminate a rental agreement if the renter:57-22-5; and (This means police reports were filed and a protective order was served) (4)(b)(i), pays the owner the equivalent of 45 days' rent for the period beginning on the date that the renter provides the notice of termination.Rent was $1400, deposit is $1500.

., I have found that different people I'm talking with locally define cap rate differently (with and without expenses, etc.)  

I have someone who wants to buy a rental house of mine with owner financing, we haven't defined details yet, but it is $36K over 7.5 years. what should the interest rate be nowadays??

Pick a few and dig deeper into those portions of real estate.Second tip: once you pick a niche to focus on (or while you pick one), define your short and long-term goals.

It's could probably be defined as a "B" or "B+" condo in an "A-" area close to the capitol of Denmark, so it would always be easily rentable.

You can even setup "Define Fields" where you personally program QuickBooks to give you a blank field to enter whatever data you fill is important to have on them or remember.Your chart of accounts, allows you to create sub-accounts, therefore, Owners, Investors, can be entered as "Sub Investors" etc., and when you need to pay them their percentage, just choose their names.  

As Kathy Henley said LLC can define partner roles if you have them.

In the long run we're all dead, so expand the time horizon enough and nothing is sustainable as far as any of us are directly concerned ... short of that, I agree that you need to carefully define your time horizon and assess the impacts that has on your strategy before you answer these questions ... or sometimes not even short of that; personally, some of my assets will go to my children, so my time horizon for some investments extend well beyond my own death.