We pay all of our expenses out of that which includes: broker split (my brokerage takes 22% of the total commission, this varies by brokerage and is typically anywhere from 5-50% depending on how much support the brokerage provides and whether or not the agent is on a team), transaction fees, transaction coordinator cut, income taxes (15-20% of what's left after broker gets their cut), errors and omissions insurance, MLS fees, board of Realtors dues, required continuing education costs, vehicle and vehicle insurance plus maintenance, repairs and gas, health insurance (also health insurance for the family if they are the sole breadwinner), technology fees, desk fees (office rent), marketing materials, advertising/ lead gen, etc.

Don't get stuck in education / analysis paralysis.

Educate yourself with books, podcasts, and market research, define your goals, and build a team of professionals to support your journey.

As the borrower, we had to educate the lender and Lendbase how the liquidity requirements really worked.Lendbase presented a lender to us that did not charge a prepayment penalty.

I would thank him for his feedback and share that you made a business decision that is mutually beneficial (https://www.avail.co/education/articles/should-you-collect-r...scroll down towards the bottom of the page to see the comparison) which includes providing the tenant with a receipt and rent reminders.  

Their education and support gave me the confidence to expand my business and now have my own fund and growing membershipI have found that the majority of complaints from students of any education focused company failed to take any action and failed.

the company is Tax Auction Investors and seminar solutions...i think from my research on videos etc that was or is thecompany they started as thier education company 

Their price structure is probably different but I would use any free consultation available with all law firms that are specialized in asset protection before deciding what structure to use.Also this firm and one it’s lawyer (Clint Coons) have great YouTube channels that will give you a plenty of free information to educate yourself about some of the structure that you may consider.

LPs need to understand the risks versus rewards and make educated decisions.  

It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residenceGood Luck & feel free to PM me if you have any questions.