Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

I’ve never heard of such a thing and don’t see anything online about this. 

I read a bunch of the guidance online but I can't tell exactly how the property is classified once this has been done.

When I started, these forums, doing research online, and cold calling really helped me find some of the bigger investors in my market. 

With that said I do see plenty of referral fee agreements online but most are for % of listing agents commission rather than this colleague paying me 3% of the sale price.

Try an online permit.  

Check out other online guides available here: https://www.biggerpockets.com/guides3.

I would use online platforms (zillow, etc..), rentometer, and calling competitive properties to "price shop".

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Texas allows online sales now, but not many places doing it.