The mortgage market is healthy so there are several ways for income to be calculated including but not limited too: full income verification of two years W-2's or tax returns, 1-2 years of a 1099, average deposits of 12-24 months of personal or (50%) of business bank statements, an up to date P&L, DSCR (debt service coverage ratio) or rental income (investment properties only). - Appraisal.

but there's no legal ties to stay with us meaning that any moment you can leave us, we hope you don't if we have earned your business.

There's a long checklist of items to prepare before you start your direct mail campaign:1) Is it scalable (manual letters aren't) 2) Are you using your time in the most efficient manner (handwriting is ok for starting, but you need to hit 1000s of targets to get the responses to grow your business) 3) Is your message correct for that market?

Business with family is less than ideal but we decided to give it a shot.

As a real estate agent, I will say that there a big miscommunication between everyone involved.One of my first experiences in the business with a home inspector was so bad, I almost wanted to get out of business.

I have read several books on it and I know the business well; however, I don't have any experience.

It's a pure business decision, so treat it as such.

I'm so sorry for disturbing and coming this way;I really want to gain the experience.Also, if you're contemplating expanding your business using the Arbitrage model but need guidance, I am here to assist.

We all know that just offering 'more' or chasing a property can be bad for business, and more importantly, not necessarily improve chances for executed agreement. 

@Alexander Merritt   IMHO low end rentals are only suitable for local investors that are in the landlord business and are going to scale up and own as many as they can get 100's have your own PM and maintenance and that's the ONLY way in my mind that stuff will work over any amount of time.buy the best that you can if your just starting out.