He is currently a broker, agent and real estate investor as well as true friend.

The activity you are describing you will need to get APPROVAL from your brokerage.

I usually use the purchase agreement approved by the local Realtor association- a lot of times real estate brokerages will make these documents available for download. 

I'm a manager of a brokerage here in Cincinnati.

Reinstated license Jun 14; started own brokerage (had to hire a broker until I qualify to get broker's license here).

Its on the MLS because the owner is a commercial broker agent who is also trying to sell the property through his staff so there is no obligation on my part if I locate a tenant-buyer.

The brokerage is not as important as you think. 

If you have a recommendation for a professional property management company and an investor-friendly/knowledgable real estate broker/agent near Valpo who are looking to form long-term partnerships, we want to talk with you!

I've been super busy over the last few weeks studying for my real estate license exam, and getting myself squared away with a brokerage.

There is not only a lack of real estate and brokerage knowledge but also basic business knowledge here.