New Entrepreneur/Investor from Georgia looking for advise on PM

[Tim S.]

Hi To All,

I'm looking to get back into real estate, this time with a B2R strategy.  I have completed a few successful flips back in "the good ole days" (2000-2003) before leaving the industry for a career in IT (Information Technology).  After going through a recent layoff, I'm looking to use this opportunity to pick up where I left in 2003 and jump back in.  I took the Georgia 75 hour pre-license sales course back in 2000 to get a grasp on the industry, never had the intentions on becoming a Realtor.

Now I'm looking to open a Property Management company to manage my own rentals and to provide PM services for other investors.  Georgia Real Estate Law says a broker can "Qualify" more than one company as long as he/she is an Officer of the said company.  If I choose this structure, how does a Founder compensates the Qualifying Broker for this, salaried W2 or revenue split?

Initially, I will be operating in the Augusta, GA metro area (2nd Largest City in Georgia).  I think the opportunity is ripe here as its not too saturated with PM companies like Atlanta. Also, short term rentals have been known to fetch up to 20K just for one week during The Masters Golf Tournament.  

Any tips/advise would be appreciated.

Thanks in Advance!