If your partner is a contractor and wants to keep busy, that could be a different story, but I at least consider looking at long term ownership plans and flipping as very different businesses and a lot to learn on both, so not sure I'd risk losing money and time dealing with flips. 

@Nathan Frost lot to cover, please DM to schedule chat!

My team is also well connected to this sector of the industry allowing us to be experts in Land listings as well as have access to numerous Off-Market Listings.

If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?

@Andrew Steffens - I've got a lot to learn! 

Our situations are also a great reminder that someone has always had it worse, and there is a lot to be grateful for if we look at the situation the right way!

If you are buying your first (or second or third) mortgaged property you do not have a whole lot to lose going either direction. 

However, if you analyze what we have vs. what other states have there are numerous reasons why we are a great state to invest in.I hope all of that makes sense but feel free to ask anything additional. 

This situation has been incredibly stressful, and finding a viable path forward would mean a lot to my family.Thanks in advance for your help!

The biggest thing I have encountered in numerous inspections is chipped or flaking paint in pre-1978 homes that have children living in them.