You almost have to get the defaulting owner to collect all the money and hope they will pay you a commission.

Offer brokers a full commission for finding you a tenant.

Hello,I have a condo in Fremont CA, that I intend to put up for sale in September.I have received some enquires from friends and acquaintances who are interested in purchasing it.We don't want to involve any agents or FSBO sites, to save on commissions, so that I can offer a reduced price to buyer.So how to go about it?

I just made a career change from playing in the NFL for 3 years to being a commission-based Real Estate agent.

Are you offering a full commission to brokers from bringing a tenant? 

Here is the opening paragraph of Bulletin 012:"Property Management means the physical, administrative or financial maintenance and management of real property, or the supervision of such activities for a fee, commission or other compensation or valuable consideration, pursuant to a property management agreement.

You still have utilities, taxes, insurance, realtor commissions,...

In NY, there is another gains tax of property sales over $1 million.As far as commissions you earned, it's subject to income tax, where you pay federal income, state income, and FICA.

Here is a link to a brochure from the North Carolina Real Estate Commission. 

Brokers' poor reputation has caused many brokers to rebrand themselves as “Commercial Real Estate Advisors” or “Real Estate Consultants.”This is similar to the Wealth Management and insurance industries, where commissioned salespeople pretend to be professionals who always keep the client’s best interests in mind.