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Strata Tip 64: Management Rights – Superman doesn’t work for peanuts…

If you pay peanuts, not only will you get monkeys, odds are that things will end up going a little bit ‘Jumanji’.  As a general rule, every dollar that you underpay a caretaker, below a fair rate, is $2 that you’ll end up spending on a dispute or poor performance later on.  By all means negotiate remuneration and terms, but remember the caretaker lives in the community too and any deal needs to be a win / win.