I've considered the Flip System guys, many people scoff at the 19k fee to get in, but if you look at the whole thing like buying a franchise it's actually not a bad setup if the deals really do yield what they say they are averaging.  

@Kyle O'DonnellUsually larger franchise brokerages will charge all agents the same fees and splits while giving agents access to the same tools trainings and resources.

Since you are new, I recommend staying with flagged properties that way you get support from the franchise and access to loyalty members.

Franchise fees look too low at like 6%?

Talk to the owners about their experience with the franchise or - is it good bad , are they dictatorial, are they willing to work with you etc... talk to a local SBA Advisor about starting your own business, there's a lot more to it than you might imagine.Good Luck!

California Clawback Provision - California Franchise Tax Board has rules about investors who sell and 1031 out of state.  

Thankfully TX has no maintenance fees unless you are taxable under the franchise tax (approx. $1.1M in gross annual revenue).

Since I own five Great Clips franchises, more haircuts would always be welcome

A few years ago, it was bought by a PM franchise.

There is more upfront costs in a DST, but the savings (especially to CA residents) can add up fast because there is no franchise filing fee.