If not, you can walk all over him.I have extracted head-shaking concessions from weak agents.As to dual agency, I wouldn't recommend it. 

Only, if I have to file a few times for disposition after not receiving rent, than I have a case to argue that this tenant is a chronic late payer and the court might rule that he has to be evicted.

. - I definitely understand this market is not for the weak or beginner.

Many times any chronic issues with the homes will appear there in comments.2.  

I have 0 experience managing, so I feel this will be a weak point. 

I try to see what other areas of weakness I can shore up when I'm in a holding pattern; worst case scenario, I utilize down-time for learning everything I can learn so that I am better prepared for my next move, whether that's buying another house, recognizing the market is too hot, changing strategy altogether, etc. 

A partnership should mean meeting each others weak points and earning more than you could separately.

If he doesn't take it, Id just run.No reason to put yourself in a marginal hand for your first deal or a weak one when you could put yourself in a strong one.

My weakness is construction and estimating costs as I don't have any personal experiences with it yet.

I don't have a large RE network and realize that's a weakness.