Their commission will be reflected in the "net to seller" summary.

Thanks for the summary! 

My little summary is this. 

@Matt Devincenzo this is a really good summary.

If further information about a Prepaid Rental Listing Service Company is required, please check with the nearest CalBRE Enforcement Office.NOTICES OF INTENTION TO ISSUE BAR ORDERS AND BAR ORDERSView the list of persons and entities that have been barred by the Bureau of Real Estate from engaging in activities subject to regulation under the Real Estate Law and/or other specified real estate related activities.SUMMARY OF ENFORCEMENT ACTIONSView monthly summaries of enforcement actions issued by the Bureau of Real Estate against licensed and unlicensed individuals.

In the bottom of a recovery cycle anyone can be made to see like a Rockstar investor as they ride the wave up and generate equity even if they make tons of mistakes.When cycle gets more top end and margins get tighter that can be where an experienced investor shows their knowledge and ability to shine performing through all market cycles.So in summary if a new investor is (hanging their hat) on one property in a top cycle to start that may not be the best strategy.If someone makes 60k a year and took 5 years to save up money for down payment then taking on big debt in top cycle might be a bad investment.If someone makes 300k a year but lives like they make 80k and saves the rest if a smaller property goes from cash flowing 200 a month to losing 200 a month then generally not the end of the world.

Definitely underwater.Bank just filed Lis Pendens February of 2012, so maybe a 1 to 3 years to go unless owner agrees to summary judgement(unlikely since the docs list him as deceased)HOA is $580 per month which I assume investor will need to pay to avoid foreclosure.

Real estate professionals don't have this limit because their income isn't considered passive (their day job is real estate), so they can claim many deductions and the loss per property could be used as a deduction on their income.In summary you don't really pay federal tax on passive income from real estate investments if you file your taxes right and keep track of all the expenses.

In summary NEVER low ball but due to the nature of our work we will be offering a fair price which is below market value.

If you don't have a sh*t load of money to spend, or near excellent credit you shouldn't be in real estate, is the summary of the BS I've been reading.