the guy told me they are a sister company of another big firm (forgot the name)  that they wanted to appeal to this new generations  the terms sound very interesting,, where do you think we can fing more info on them?

With 4 rentable rooms (including the basement), I expect to generate $3,600/month with full occupancy.

Remember, I sent a signed and amended the agreement on November 28th, sent it to them for signature, received confirmation of their receipt, wired funds, requested multiple times they send me the fully executed agreement, never received a fully executed copy back from them and finally was questioned by them yesterday as to why I altered the agreement (meaning there was no meeting of the minds since it's therefore proven that they didn't even look at it).I have rescinded my offer to enter into a contract with Estate Legal for lead generation services and am now seeking a full refund, including my cost of wiring the funds. 

I curate a list of properties priced under $800K with the potential to generate six-figure gross income and share it with my clients.

That being said, it is another part of your property that you can use to generate income and in this area you can hit the 1% rule before expenses.

That’s why I was shocked to see it’s only generating half of what the maximum rent is.

In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives. 

A formal business built on this seems overkill as you’re essentially paying someone for a service that already has standard model.If you and the parnter have distinct business tasks/abilities (i.e. not what you would hire an agent or contractor for), such as off-market lead generation, that’s a different discussion.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

If not I understand and will work to generate a contract that encompasses all of these elements.