Just for clarification, here is my concept in a nutshell:Acquire properties to fix and flip, fix and hold, or wholesaleOwner/operator will be a wife/husband teamReal estate agent for power to buy and sell (commissions may be useful, not sure if necessary)Personally engaged in procurement activities, project management, and administrative activitiesExpecting to employ full-time help in future phases of developmentLet me see if I’ve got this right…Solo 401k:Investment must be in an existing business already producing a self-employed based income for owner/operator/investor – no full-time employeesPersonal income must be a result of actually performing a role in the business, as in not a 100% automated system.

Offshore wind has finally come to america and states on the east coast like new york nj and all the way down the coast are procuring large contracts to build these types of projects.

It enables you to find deals before they hit the market.

Besides the MLS bidding war i have other ways to procure properties too...

I remember the excitement of my first deal, followed by the disappointment of surprise issues, followed by the joy of procuring my first tenant, followed by the disappointment of an early termination, followed by...You get the point.

"Procuring cause" is powerful in real estate.

I have bought around a dozen investment properties over 15 years and consider myself fairly savvy with finance and deal-procurement.  

Manager shall be paid by Owner an hourly fee of $50.00 per hour for Manager’s time expended in (i) tenant vacating and key turnover; (ii) inspections, including for beginning inventory and ending inventory; (cc) city inspections; (iv) waiting for utility companies for providing or repairing services; and (v) eviction proceedings, including but not limited to court proceedings and time at Property for court enforced eviction.

Those retail listings for Tom help him to recapture his FB ad cost and then the flips in his market are very high margin so it enables him to spend more and go through more "non motivated" sellers and still turn a very healthy profit. 

@Monosij Bagchi, if the property is listed on the MLS then this is common. 50% to the leasing agency and 50% to the agent who procured the tenant.