REIT executives have ever incentive to grow and grow because the larger the company is the larger their compensation and the greater the prestige.

I doubt a lender is going to let you use back-side compensation to qualify for the loan up front. 

Yes, they're screaming they are the victim, how dare you not allow them to use your property however they see fit. 

I am pretty sure that this person fell victim to a pretty unusual set of circumstances. 

It can also be a lower % with an annual loan fee...similar total compensation. 

Or how would you want to get compensated for lending me the capital? 

Are you compensated?

I understand the frustration, but why would you harass her just to compensate for what you didn't do?

I spoke with a couple of leasing agents today to get their insight on market conditions as well as to understand their compensation. 

Their other concern is that  this partnership is 4 people partners: two active and two passive,  and they dont believe that it is not fair to the other active manager receiving 50% of sweat equity just because he is the one gathering this group, and not knowing ins and outs of STR operations  My response to that is that I will list of all the tasks from acquisition to closing to property setup/ software/ guest communication/ marketing/ revenue analysis. then lets see who can do what in order to compensate them fairly.