Newsflash: Handling someone’s real estate investments – what would you take as a percent ?

There is a possibility in the near future of managing a relative’s real estate investments . They current have a property (SFH) that has appreciated significantly but rents are low versus the current market price . They are considering investing in higher yield real estate.They want to be mostly passive . I have experience investing and knowledge as well. The idea would be to invest actively through value add buy /holds , flips and possibly joint venture deals and syndications . Would likely be traveling out of state as that is where more of the opportunities are these days at least in terms of cash flow .Has anyone done something similar to this? How would you structure it ? What part of cash flow or equity would you propose ? Again this would be an active thing.


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