I am a sponge and will take all the good advise you would like to share regarding; avg. commission %, conditions of exclusive buyer rep agreement, your thoughts on locations, any on and off market properties you have, and possibly figure if we can build a team to make a dent in this wild real estate market we are in.

You are in the right place to learn about the industry!

TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable

Relationships are key in this industry.4.Analyze Markets: Whether it’s your local area or out-of-state, study the market’s potential for growth, rentability, and appreciation.5.Take Action: You don’t need to know everything to get started.

I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

I am coming up to a full year in the industry and have made many great connections so far.

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.

These groups "find the deal" by raising money for other operator/syndicators, they market themselves (often with tag lines on LinkedIn of: I help busy (fill in industry) professionals create passive income through real estate),  They raise money from their own network and funnel it into a syndicators deal for part of the GP ownership.  

You are going to have to interview a LOT of agents as the industry is full of dummies.

The hospitality industry lobbied pretty hard for that to happen to give them an edge since those are areas where hotels are located as opposed to residential zones.