I find that endearing so wouldn't bother me at all!

For full management, they take 11%, so that puts me at 1,250 pounds per month.

We will split profits 75% (B) and 25% (A - me) at closing.

I do not yet have an LLC set up for this property and it will be owned by my husband and me at first.

If this lines up with what you think is fair, then go with that.If you have any other questions or just want to chat, please feel free to PM me at anytime.

New owner will still have plenty of "meat-on-the-bone" with opportunity to operate as a short-term rental and/or pursue long-term development play.Can't wait to get this project off the ground!

@Michele BronnerYa’ll need to hang a little more meat on that bone Michele.

Here is what I have heard so far but I am looking for more meat on these:1.

The mentality that was explained to me at the lunch meeting that I had was that you guys wanted to sign up every single person possible especially in lower class neighborhoods so you could meet a quota and then bill the owners for extensive amounts of rehab and whether they're not they got rented out was irrelevant.

I ended up with a referral to one broker who I ended up going with and saved me at least a couple hundred on each property (one property was $900 savings) with better coverage plus I switched my personal home/cars/etc all over to them with substantial savings for the same or better coverages.