Great way to earn a living... 

I avoid contractors that want to get paid by the job because then they will typically make it so that they earn in excess of 100 an hour; for larger jobs they might underestimate the amount of work.  

In your case you are putting money in to earn money down the road but you need to think about the money you are tying up to do that.   

Have in mind that you might have to educate them before they trust you with giving their hard earned cash. 

I never worn the landlord hat and have no experience with what this transition would be like.I am definitely okay with taking a hit on earnings to reduce stress for myself and minimize problems.

Also have a base split but as the agents grow and earn more there split can be changed(so they earn more).  

.$50,0000 / $1,000,000 = 5%This means if we bought that property with $1 mil right now, we could expect to earn $50,000 net income over the course of one year.

If you manage yourself you can earn that slice, too.If you do change this to a rental, be sure to change your insurance to landlord insurance, not homeowners.Do what @Curt Smith suggests to scope out the competition. 

That's the problem with old people...they think they somehow deserve our hard-earned tax dollars...

If a methodology has some value and has produced worthwhile results, we'll hear about it from credible sources who have earned our trust.