Because it's my money, I care more (I get 92% of the revenue, PM only 8%, and PM team member near 0%), I only had my units to manage (PM team member has other owners and units), and, with humility, I am smarter and harder working than the team members assigned to my portfolio (3rd party PM has to hire at a level that makes the business model financially work for them). 

(We're not desperate to sell) With being new to the selling side, I'm curious what is standard for agent commissions in an off market situation.

(Due to some financial issues with him in the past, I'm not willing to cosign for him)  Would a rental agreement with the roommates suffice? 

Hi Nirek - I deal with a lot of clients in your similar situation.

It would definitely be fraud if this was the case, a recent post from an auctioneer talked about this exact situation, where they said the auctioneer was liable (different bedrooms/type of home example you don't have to read it) States would differ though and it doesn't seem black and white. https://mikebrandlyauctioneer.wordpress.com/2022/07/12/no-li...I do agree with you that it could very well lead to being burnt, however.

I'm totally confident in my new financial famiy...

A friend of mine in San Antonio had a similar situation.. she inherited a vague commercial lease and learned that the rules differ big-tiime from residential.

I am a newbie in this realm and looking forward to learning all I can in this endeavor of becoming financially independent.

I am not sure which is best for our situation or what to pitch.

The example does actually reflect my situation but I tried to keep it as simple as possible.