** I am willing to do it of course but prospecting in the phone for buyers 6 hrs a day is not what I envisioned..The one firm ( team) wanta me to handlebonly the buyer side while one person deals with negotiations/ listings and one handles the contract.Please help a newbie out.:)))

If you dont want to prospect for clients hours every day...this business isnt for you. 

My question is if open houses and prospective tenant meetings need to be hosted by a licensed broker, or if I could contract this out to an unlicensed individual. 

John, have you found any prospective properties or put anything under contract  in the area yet?  

It ends up motivating the agent by the prospect of getting more commission, instead of getting the best deal for their client.

Zillow, Trulia, Realtor all spend staggering sums of money to get in between you and your prospective client. 

Put as many prospects in the bucket, nurture them with love and earn their business.

that was my worry about selling too soon, and the only way i can see myself breaking even would be to do a for sale by owner. i didnt factor in the benefits that might come from prospective lenders should i choose this as a rental, so this may definitely sway my decision. you are also correct in that one area i was initially looking at for properties is in Aurora.

Hi I'm just about ready to start mailing to tax delinquent prospects.

What is really cool is a wholesaler/prospective wholesaler wanting to be better and do things right.