Is this a golden opportunity?

[Brennan Stephenson]

I’ll keep it short and sweet, leaving out the details unless necessary:

My spouse and I both have successful careers and have toyed with the idea of getting licensed to save money on investments in the future. Our RE friends are well aware of it and have invited us to join their teams if we want to make a run at it full time, but we haven’t walked down that path yet (no licenses or anything). Cool.

The tables turned recently when our most successful friend broke the news that they would be leaving the state and want US to take over their current portfolio of business (size is quite significant) for a 50/50 split. According to them, my spouse and I could handle the portfolio while maintaining our current jobs (both essentially 9-5), basically grinding our nights and weekends to boost our household income by appx 50%. Obviously, we just need to get licensed ASAP and spend time training.

The opportunity sounds unorthodox, so I’m curious what the community’s thoughts are. Is this unheard of? Are there obvious pitfalls we should look out for? Or is this really just a golden opportunity that RE professionals would salivate over?