Readers are advised to seek professional advice.

Readers are advised to seek professional advice.

They have tiered waterfalls, so I keep more if they only perform marginally better than a pref. 

This is why I advised consulting with an attorney. 

A few things we’re trying to figure out:- Is this type of setup advisable, or are we setting ourselves up for trouble?

., weak trust-account processes, slow ad approvals, unclear authority/access).Compensation models: monthly retainer, per-door supervision fee, rev-share, flat + performance, minimum terms/exit clauses.Ballpark ranges and how they scale with door count.Where you found them: NARPM Triangle chapter, local REALTOR associations, NCREC license/firm search, BP groups, LinkedIn, referrals.Contract must-haves (IC setup): authority, E&O proof, ad-approval SLA, trust-account signatories, data access, transition/exit clauses.  

My guess is that to benefit from a Wyoming LLC you would need some pretty good (IE expensive) legal advice to advise you how to set up and maintain. 

- We see this all the time, which is why we've got this copy & paste advice below with links to blogs we've written here on BP:)-----------------------------------------------------------------------------------------------In our experience, the #1 mistake owners make is ASSUMING all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY.

My personal take is that it is a bad idea...it just puts too much pressure on the deal to perform.

The main reason is that the HOA controls a big chunk of how the deal will perform.