You may find that you should each work independently and collaborate on some deals.Personally, I would work seperately, but stay in touch.

Long story short I’ve been through Foster Care & now in an Independent Living Program.

On one project, I had a GC balk at a very detailed, 8-page SOW for a very large project and told me he was "overwhelmed" by its appearance and the 5-page independent contractor contract that accompanied it.

If you are an independent principal broker I believe you would be required to carry E&O insurance (just a smart business move) but you could call the Oregon Real Estate Agency and ask them. 

There is a BP podcast where Brad Dantonio talks about his financial independence while owning only 5 units!

We're all able to pursue our REI because of people like you who serve and protect our right to live with liberty and independence!  

I didn't feel comfortable working in this survival-oriented environment (the bottom rung of Maslow's hierarchy of needs), but I had a hungry mortgage to feed every month.Those times made me yearn for financial independence where I would more than cover my living expenses with investment income and not have to be concerned with the price of gasoline or the chip industry's "book to bill" ratio.

Did you get an independent appraisal, or did you just take the word of the borrower?

We just cleared our school loan debt and are working towards the ultimate goal of Financial Independence.

However, my goal is long term hold, use profits to pay all expenses and pay off loan with said profits within 12  years so that I can produce exceptional cash flow to allow me to become financial independent within 12-15 years.