I think your head is in the right place!

I have 2 MF rental properties that I've had for 10+ years and there are mortgages associated with each property.

Rates are low right now but they appear to be headed up, so I personally would not make a plan contingent upon refinancing anytime soon.

What you are trying to do has liability to a brokerage and a head broker will not want new agents working with this type of arrangement.

I have, however, the couple meetings I've gone to has ended up being pitches to join as a "member" which of course has associated fees.

The reason I am keeping a rental despite my preference for flipping is due to the fact that by having some passive income flowing in, it's easier for me to keep a rational head when identifying deals since i am depending on flipping and doing deals as a full time job and sole source of income.Without some source of income, I get antsy when I haven't flipped or done or deal after a long period, increasing my chances of making a mistake.

You do NOT have to join the association of realtors (in your area, other areas may differ) unless your broker requires it.

I want to understand the downside risk associated with this issue.Would you pass on this deal?

I would go talk to a career counselor or head hunter, they are probably better able to help you find a job.

If you go to your local real estate investment association meetings you will most likely meet private money lenders.