If instead it is your supervising broker writing the offer, he will collect the commission, but how you share the split is between the two of you.

(Doesn't seem like it did and he's quite independent.)What if a distant relative of the renter comes in and starts a meth lab?

One morning woke up feeling fine.NOW having said that,,,test it,,,easy, take a small bottle of it to people who specalize in removal,,,,they charged like 22 bucks to send it to lab and lab fee.BUT leaving hardwood under tile is a no-no as it is not stable,,,so claim the experts. 

As you start to grow, you can start hiring things out and supervise. 

Darren, is it legal for a agent to give me access to the MLS or is that something I must do under his/her supervision?

You should certainly find out what tasks are taking you the most time, but also think about how easy it would be for a VA to complete those tasks with minimal to no supervision after training.

Even if the college's student population isn't growing, it's staff and faculty might increase based on its growth in research and labs.

Not only would I have been getting 6 unruly kids with no supervision, I could rent it for full price to  a different mom, dad, retired police man grandpa and their one special needs, well behaved kid!

There is the cost of advertising a vacant property, cost of supervising repairs and maintenance and to show the property to prospective applicants, cost to run credit checks and background checks, cost to have annual legal reviews to ensure leases are compliant with state law, costs to issue 1099s to contractors, etc.Professional property management fees may be a little higher than your actual out of pocket cost of self-management, but self-management is not free.

The number of transactions per year is a pretty good indicator, so how many deals did you close in the last 12 months would be my first question.Average is about 8 deals a year, which is not a livable income and also not enough that they should be practicing without a supervising broker.