Hello, I own a rental house on a large lot and I'm planning to divide the lot to build a duplex for renting out.

It's the bulk of our work on any lease, which is why we charge a large leasing fee.Lease renewal requires very little work, usually 1-2 hours.

I would just make sure to be 100%, that is a large commitment going back and forth. 

There would be the cashflow from the rental property, of course, but that would be largely mitigated by depreciating the property.

I would guess that 80% of agents work for a large brokerage which has minimums according to their contract. 

In addition, some reserves should be available to handle any large unexpected issues that crop up before money accumulates to pay for it.

Our market in Sarasota FL I have found direct mail letters to work pretty well and we are a large retirement community, the retirement community responds better to snail mail than millennial and gen-z generation for sure. 

Finally, your third tier of homes are your 5 Bedroom+ Large Cabin homes priced in the realm of 400-700k. 

Quote from @Denise Evans: Largely the problems have been satisfying judges that all the due process requirements have been met to protect the rights of defendants.

There are lots of ways you could do this, but the execution is largely up to you.Most of the private lenders I have worked with were experienced real estate investors themselves with excess cash they wanted to put to work.