My question is: how do we go about compensating ourselves for our time?

The market has changed, I've changed, the competition has changed, etc.There's no benchmark that would make any sense for you to use -- you just need to make sure that your offers are as good as they can be for you to make the margins you want to make and then accept whatever percentage of successes that yields (or make more offers to compensate for low percentages).

Thousands of homes in TX, LA, & FL are dealing with flood damage right now that are not in flood zones.Workers Compensation coverage if you have anyone on payroll, any subcontractors that do not have their own coverage, or if you have any Statutory employees (most common would be realtors).Business Auto may be needed depending on the ownership, size, type, and use of the vehicles used to service the properties.Equipment coverage may be needed if you have Tools and Equipment you use to maintain the property such as Tractors, Bobcats, power washers, generators, etc.Builders Risk policy could be needed if you are renovating a property before renting it out.Hope this helps with some possible policies you may need.

Sponsors are compensated for their efforts putting a deal together and managing all aspects of execution.

Therefore, I assume they find other ways to make up the compensation from low placement fees.Necessary Repairs:  If they're charging you for maintenance, I would verify that all their repairs are necessary. 

I think San Fransisco is one market that will maintain solid Travel Nurse demand and higher pay, as it always has, partly to do with the fact that staff nurses in the Bay Area are compensated much higher than the rest of the US, so hospitals can offer higher travel nurse bill rates and not break budgets.

Again, others might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Account Closed - the thing you have to understand is that before you're somebody, you are a nobody, and bankers don't typically like to waste time with nobody...So - you have to compensate.

New risk results in increased compensation (rent) to balance the risk reward.- 2020 had virtually 0% rent increase in San Diego. 

Your attorney is correct that you can receive some compensation.