The narrative that these are cash flowing properties is aggressively pushed by everyone who benefits from these transactions...turn key operators....brokers....pm's but its incredibly difficult for the non hands on buyers to operate these homes for a sustainable period of time.

The salespeople tell you they will keep in touch and hold your hand through the transactions but they will not contact you after they get you to pay unless you have capital for a deal of theirs.

If average sale for the area is 200,000 at 3 percent = 6,000You would need to close then 20 transactions in a year at the 3% level for 200k price to get the 120,000 commission.4.

It's not hard to understand the disqualified party rules and prohibited transactions. 

It's wise to verify the credentials of anyone involved in a significant financial transaction, especially if they are requesting proprietary financials.

The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."

this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc. 

Check fees are $10**** When buying physical real estate, you must have a 10% cushion of the purchase price**We waive the first 6 transaction review fees for the life of the account.*** The first 12 incoming checks are free each year.

But still, there are transactions at 5 caps.

Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.