You can't just introduce him to a realtor and get a cut of the commission unless that realtor is willing to pay you under the table.

@Carey Edmund It depends, I have made a cute little "sheet" with the requirements.

Small claims issue to small of money to involve any kind of lawyer other than a few sabre rattling letters. .. and your the one who is not performing.I have been on the other side of this back in my Timber days were I would secure a cutting contract only to have the land owner change their mind.We spent a lot of time and resources procuring our timber contracts.

If there is a cut-off, might look at maintenance jobs near the same time that were broken down into separate contracts that exceeded the limitations, that's how they cheat on the owner's voting.Corporate owned units: If they rent units, you'll be in competition with them.

Make a cut and on to,the next deal.

In addition, the property hopefully appreciates in value during the time that the partnership owns it (for example 3, 5, 7 years etc) and once it's sold, you get a share of the profits after the sponsor takes a cut (typically sponsor split w/investor will be around 80/20 investor/sponsor or 70/30 etc).

It is two freestanding houses one is a 3/1 the other is a cute 1/1.  

There has been a lot of talk about this on BP (invest or pay down debt) and I don't think there is always a cut and dry answer.

@Ricky Stafford  Risk / Reward  west coast generally is not a risk play.. you acutally get your rent... and your renters have 750 fico's and make 4 to 6 times the rent or more.you have no to little damage NO SECTION 8 ect.. the high yield rental markets have the inverse of this.. so its whatever floats your boat really.

It is harder still to find deals so good that, you can take a cut and it is still a good deal for the next guy.Check out the wholesaling guide under the learn tab above.