They city/state has unlimited funds to go after you and if they decide to to do that, your life will suck.  

Given the current opportunities in front of me, my friend has given me the chance to get in on a deal with the few resources I have. hahaI've pivoted to try to figure out ways for me to get more access to $ to increase my piece to a more meaningful #. 

After I moved out, he claimed to to his insurance company that I had damaged the property and they cut him a fat check, then tried to abrogate against me.

The net proceeds from Asset CO LLC then roll up (are payable to) to Manager LLC (different line item entry than the manager fee collected).

The brokerage is entitled per their independent contractor agreement to  to get all the commission and then share with their agent at the firm the split based on the signed IC agreement.Does the head broker know about this arrangement your agent is trying?

So if you are just doing cosmetics the appraisers are going to to look at it and think "This thing sold for $XXX only 6 months ago-sure they did some improvements but I'm only going to appraise it for $5000 more" etc.

That it why I was asking for copies of the bills in order to to evaluate the cost of maintaining the properties.  

Your accounting degree should be a great asset to to your real estate investing!  

That is fine, but if you want to scale, and the goal is to to own 100 units, for arguments sake.  

My current company only deals in large, multifamily properties, and I'm planning to use my license to purchase single-family homes for myself, and handle brokerage for family members and friends.Since I'm not involved with brokerage or any sort of on-site management with my current company, am I legally allowed to to brokerage with a different firm?