lol I put a good amount of sweat and elbow grease into the place to build equity but sounds like a bad deal from the start.I mean, what did you do on the renovation?

You can bring your cash or sweat equity while they bring lending relationships and contractors.

You mentioned that it needs a little sweat equity.

They immediately got several showings which had me sweating but in that case it needed more work than the average buyer wanted to do.  

Don't sweat the small stuff- if you don't like this PM, you can part ways right after you close on the property, but the lease stays until it expires.

Think more like commercial lending than residential.Restrictions: All income/expenses have to flow through the retirement account — you personally can’t “help out” the property with outside funds or sweat equity.

Basically we are the sponsor and manager for the entire deal lifecycle.....but we need other people's cash :)In this scenario if we were to not put up any cash but get a deal with all investor money, what should our sweat equity percentage be vs the investors?

I am a union electrical Apprentice so I plan on putting in a lot of sweat equity into the property.

What I mean by that is one partner may have the excellent credit, one may have liquid cash/equity leverage and other may offer sweat equity.I mentioned I could put him into a primary home first to establish pay history, offer equity or SBA or other option but he seemed super focused on the deal.

Her investment so far is under $15k + sweat equity.