As a principal, you will disclose your licensee status and make it clear you do not represent the other party.

Not sure how things go in WI, but in AZ, only a licensee may receive compensation resulting from a real estate transaction and such compensation should be paid at the direction of the licensee’s broker.

As a new real estate licensee I do not have previous experiene within the industry.

This means lots of studying and practice testing for questions that really don't help the licensee do deals or make money.

However,if you're a licensee yourself and ask to split the commission, they are willing to do so.The disadvantage  of becoming a broker or an agent include the time and cost of attending classes, and the fact that ,by law, you will need to identify yourself as a licensee when you are trying to buy or sell property,  This usually is not a problem, but it can make some unsophisticated sellers wary of your professional investor.Finally, you might be restricted in the real estate forms you are permitted to use.

The main thing you have to worry about is disclosing your licensee status to any sellers you work with.

As a licensee you are REQUIRED to disclose that in all RE transactions you are a part of.

The only ones that last without legal issues are licensees or people that buy and resell.

You could try becoming a real estate licensee and affiliating with a brokerage firm that allows a broker to double end a net listing, and provided leads.  

We're both completely fine with disclosing our status as licensees whenever necessary.