Typically houses in the neighborhood are sold very quickly.Other costs for me are joining the REALTOR association. 

So we are burdening all of the costs associated with all of the profit that is being split. 

Here is an associated review I wrote for them for reference to my experience:City Waterproofing is the definition of a family-run business that you can trust.

@Linda Weygant & @Yonah WeissUDFI does not apply when a 401(k) or other qualified employer plan uses debt-financing, if the debt is associated with the acquisition of real property. 

If I can get some opinions on inherent risks associated with this as well as any ways to mitigate them that would be much appreciated!

For me, the cost of being an agent is mostly in the costs to get MLS access and pay the local Realtor association, not with the brokerage.

PM me off list with an email address and I can send you a Document that Texas Association Of REALTORS (TAR) suggest for members to use with landlords having questions about granting access to Assistance Animals. 

They will give you a breakdown of all cost associated with the reno. 

Assuring that the you understand the penalty's associated with terminating the lease prior to the end of the term is crucial.

I did all this while working on my associates degree and working a full time job.