But remember when everyone thought eBay was going to radically change the way we procure merchandise and we wouldn't need centralized distributors like Amazon?

Make sure you aren't just parroting someone else's opinions as your own.

This is the leading topic of injustice to our profession but they only give some advice (just parroted from other publications) pretending they are helping us. 

The commission is negotiated on the agreement, and if through their marketing a buyer comes even if the listing goes expired, if it is the procuring agent, meaning the agent responsible for sale is responsible for introducing the buyer to the seller, even on the lease 2 own and not a cash sale, they are still going to get their commission.Seehttp://homebuying.about.com/od/realestateagents/qt...If you the real estate investor in your trying to get the seller to consider terms instead of cash and avoid the sales commission, the listing agreement is between the seller and the agent. 

If you buy and resell a lot of properties, you’ll eventually need a good mortgage broker who understands your business and can help you procure financing for your buyer.

I've been exploring the idea of helping to procure deals and manage properties for people who are independently wealthy, looking for retirement income, but who don't want the headache of managing or finding properties.

As mentioned before, Check Commerce wouldn't answer any of my questions regarding erentpayment, so I called their Sales Dept, posing as if I wanted to procure their services.

It depends what you signed, but otherwise,  because that realtor's marketing did NOT locate those buyers, it was in fact your marketing, there would be no "procuring cause" which is sort of the magic word for if a previous realtor's efforts are responsible for finding your buyer.However your contract may have some sort of stipulation that if you find a buyer within X time, she is entitled.

If you're willing to consider outside the beltway, you may be able to procure land and build for around 1M.

Hey @Sam Tomar,All of these replies have been great, one thing I have been considering and made sure not to overlook is having the following included when calculating my NOE.Management Cost: In the context of an out of state ownership I would assume between 10-12% (of your yearly gross income) as a fee from a company that would manage the property (Procure tenants, manage any maintenance projects).