Its up to the buyers agent to submit their commission desires on the original offer . .

Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level. 

A desire and ability to share their knowledge4.

Despite the high prices, politics, and taxes, people still desire to live there.

Many/most new RE investors are relying on rent growth and appreciation to achieve their desired return.  

This is something I would have to dig into your background on to properly advise on which asset class might be better for you and also how much management intensity you desire and/or can handle.3.)

I am also beginning to talk to CPAs and attorneys, but not sure What all questions I should have cleared at a minimum, to confidently take the big step.I may be over thinking, but I think it is also the cautious me who does not want to screw up financially in my desire to help the family financially.Hi Radhika!

If there is one thing I would do different is: I would invest Out Of State in markets that had sustained growth, strong job numbers, were safe and desired, and had favorable Landlord laws. 

Further, they are also determined by RISK, and Desirability.  

They get the desired passive income they signed up for and the potential value appreciation over time.