The market will dictate that.

Of course you need a 70% rule because that dictates gross profit margin of your offer.

I believe she has seen the excitement and conviction on my part to ensure the past does not dictate the results of the future.

A bad deal to you, can be a great deal to someone else.There isn't anything wrong with using the listed prices as a benchmark, remember that real estate is dictated by the market.

Although I still recommend setting up the LLC to have the business name and entity (you can also start showing income for mortgage qualification) but hold off on the s-election until the income dictates a need for tax savings.

We then disburse based on the contract terms, and reserve an inspection prior to final payment by the Owner if desired.Your local LL/Tenant laws likely dictate the time frame you have to respond to maintenance requests, so you cannot spend a lot of time waiting for approval, then waiting for funds to pay vendors as well.

The exact percentage is going to vary from lender to lender (unless you go with a traditional mortgage and that is dictated by FNMA and other government agencies).Your plan sounds doable.  

I had looked into my license years ago but was talked out of it but Im reaching a point where others will not dictate my decisions and I will make the changes I need to make.As I just read on one of the blog "4 steps to get off the sideline and take massive action "by Nathan brooks ...""

OP elected to use the services of the agent, but in no way can he/she dictate the value of their time.

A seller cannot dictate credit guidelines to a lender, and the lender needs written guidelines and credit matrix and their own process for discovering the credit worthiness of any applicant.