You'll also find some clients that like to juice the commission on performance metrics, similar to what you posted, but that is also relatively rare as most owners feel if they're paying you north of $300,000, you should just try to get top dollar with strong terms.

I mean a general recession, we had flat/negative GDP the preceding quarters, S&P down 20% +.Not sure what more people want.What folks don't realize with investor saturation, tech, and everything in between, the market has a profound way of realizing positions and getting in & out of them to where the markets overcorrect and sometimes move so quick all the juice in it happens to squeeze out so fast.

I would actually suggest you spend that money to get your real estate license and hang your license with an e-brokerage. 

@Jeremy Altdorfer  Just adding to the above, the rent should be on Sch E of their tax return. 

I do these project, but I am going to PM you the contact info for an A/E with a lender that does larger investment projects like this.

stacks of capital for unexpeeccted repairs, zoning, headaces you simply can NOT forse e until it happens, and 6 months of the mortgage in reserves for vacancy/ job loss. 50k an d8k in credit is mayb safe to by 1 property. that 38k you think is left, not nearly that will be left over. so what is leeft..... theere are your reserve. you have noting left to get another property

I used to manage them when I was learning, and I understand people who want to learn, but juice just isn’t worth the squeeze to me. 

E  I ended up joining Thach's mentorship program "Springboard to Wealth" after not really finding good support on Bigger Pockets. 

HI @Jyotin GautamShort answer is no in Texas Long answer according to the Texas Real Estate Commission " Under the amended rule, a broker could give an unlicensed person a gift of merchandise having a value of no more than $50 and this would not subject the unlicensed recipient to a charge of unauthorized practice as a broker, nor result in a violation of TREC rules by the broker giving the nominal gift."

As a single-member LLC, the IRS considers it a disregarded entity, meaning the income, expenses, and other tax-related items will still be reported on your personal tax return via Schedule E.