My managing broker and I are floored, as the numbers are telling us this could be the most lucrative flip yet.My question for you all is this: On the previous 3, because she has been the one to procure the deal, purchase the deal, and then resell the remodeled home, I have been paid on an hourly basis to manage/work on the properties.

I'm in contract to procure an investment duplex in Columbus, OH.  

Here are the laws in regards to this stuff.4735.01 [Effective Until 3/20/2019] Real estate broker definitions.As used in this chapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.

@Manny Cirino it obviously sounds like a procuring cause case....and you should entitled to the commission in the contract plus you have an expiration clause....might be worth it to legally receive your due commish!!

Protecting the real estate value up to the outstanding loan balance is the prime consideration, however.General Rule ExceptionsWhile mortgage lenders require landlords to procure hazard insurance equal to the loan balance, there are occasional exceptions.

You might be the 1 out of 50 that find a deal but I would rather spend you time procuring a turnkey rental and basically hit some singles.

You (or the owner) have a legal obligation to make a "good faith effort" to procure a new tenant.

What is the best avenue for me to take to procure the money for the type of goals I have?

I have no problems with this as long as they can procure a loan.

I have no problems with this as long as they can procure a loan.