@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

The Property Manager earned those reservations, so they should be compensated for them.

However, if your reviews are weak or your pricing is off, those changes won’t compensate for it.Personally, I think Instant Book is a must.

So is Scott taking a percentage for his syndication compensation, then letting investors lose $ until the property gets bought for a loss or foreclosed on

If you are a licensed broker, make sure you know the rules in your state for compensating unlicensed finders.

challenges are finding a job that will provide mentoring and training. many processors and originators work on a per file basis. you may want to start out as a loan officer assistant then learn processing etc.You will get good learning but understand starting out its not gonna be highly compensated. 

With that method Id have to pull out all the electrical boxes to compensate for the thickness of the new drywall (probably the second cheapest). 

What does the investor owner get for all his brain damage and actual risks assumed, I suppose he works for nothing.Never said there weren't GCs with degrees, if the have one in finance, accounting or economics they should understand that one is a paid agent/employee and the other is the owner-risk taker and that there is a clear distinction of rights to profits.The scammer types seem to put themselves out in a residential deal as if they are the engineer or architect, which they are not, nor are their risks or liabilities extended to such heights, yet the want to be treated as if they are in the same domain and be compensated in a similar manner.

The syndicator raising capital from a base of 100 investors and getting compensated with “carry”, that’s more a business model.  

I am curious to know what do you think is "fair" compensation for loan brokers and loan officers?