I no longer do it but the old group and that LLC is still alive and well doing it.. margins are just too thin for my taste.Closest to that would be to hold yourself out as a foreclosure service whereby you chase down all the deals do title and bid for the money people and take a fee.. this is quite an industry in PHX and other markets like Atlanta.. 

Think the Crypto industry, who is literally begging for clear regulations.

Their main sales pitch is that they will teach you how to make more money by charging your investors double the industry average acquisition fee.

I hadn't thought of it that way but yes, your spot on.

Investment Info:Small multi-family (2-4 units) industrial investment investment.

Is this something in all industries or more in the RE world. thanksIt's pretty common.

I think a lot of this has come out due to the low standard of brokers out there that give the industry a bad name unfortunately... its so easy to get a license nowadays. 

I have used property managers in the past, but the relationship inevitably sours as they fail the very basic industry standards for managing property.

About 6 months into the lease, he thinks he smells smoke and climbs in the attic and searches for 3 hours for "hot spots" using a thermal imaging camera (keep in mind he is the town fire marshall),  finally after not finding any hot spots in the attic he goes to the back yard and discovers the neighbor is BBQing.  

In this industry you have to always be learning.