Here is the information I entered on the property:  Purchase Price $139,900.00 Closing Costs $8,000.00 (number came from my father - i originally put 3,000 but apparently 8k was his average closing cost for past properties) Rehab Costs $2,000.00 (really nice property, I just added this in as a buffer but im also inexperienced in estimating rehab costs...:/) Down Payment $27,980.00 (20%) Total Investment $37,980.00 Amount Borrowed $111,920.00 Unit 1 (3 bed/1.5 bath) $525.00 (rent we charge for our other properties) 3 $1,575.00 there's also a garage that I didn't know how to work into the numbers, or if it even should be worked in Total Investment Loan Investment Interest Rate(%) # of Payments Monthly Payment Notes $37,980.00 $111,920.00 4.88% 360 (30 yrs) ($592.29) Amortized Loan Total $671.25 (month) $8,055.00 (annual) Water/Sewer $40.00 $480.00 Trash $62.50 $750.00 every 6 months (750/2) Taxes (iffy on these #s) $267.50 $3,210.00 Insurance (iffy here too) $65.00 $780.00 Heat $- $- tenants pay Electric $- $- tenants pay Vacancy  $78.75 $945.00 (5% of Income) Management (we manage) $- $- (10% of income) Maintenance $78.75 $945.00 5% of Income Capex (roof, etc

And the people contacting me are early 20s inexperienced people that haven't really done deals. 

Our properties are traditional Japanese themed and therefore have a samurai armor, traditional Japanese wedding kimono, tea room, and antics here and there. 

There's this weed that grows wild in Greece that the Greeks make a tea of that we drink as a cure-all.

If you get your license just for your own deals, then you have an inexperienced agent (you) working for you.The real benefit in my mind, is having one more way to make money when talking to sellers.

I don't know of them, but from the looks of the website you shared, I would say they are fairly inexperienced in a few areas that are vital for you as a passive investor.  

As an inexperienced agent, it gives you a way to work with experienced investors, and to learn on their dime.In most markets, there are a few hard charging successful investors that basically burn out their agents.

Not my cup of tea but each to his own.

If this continues to occur on a larger scale, I'll wager $1000 on this being heavily regulated in the future especially with more and more inexperienced investors jumping into apartment syndication. 

@Michael GreenbergWell, if managing STRs isn't your cup of tea, you probably aren't going to want to manage other types of property either.Although, it's much easier to find a property manager for SFR LTRs (but you don't like the returns), and perhaps Multifamily may offer you something more appealing in the way of returns and ability to let someone else do the managing.