Bonus!

3ba 1 ba on first floor3bd 1 ba on second floorstudio on top floor

Another person mentioned offering a 1% bonus commission to the broker, which I'm fine with, but not sure if that's potentially a conflict of interest for the broker or puts them in a difficult situation.

I’m in agreement on the cost Seg, but to my knowledge, you must do it in the year of acquisition to get the bonus depreciation available from the 2017 tax law.  

Or... personally, I would rather get a $5k signing bonus that I can save and fund my own deals after 4 or 5 transactions.BTW.  

If you Google NAR Certifications and Designations, you can see what training Realtors can sign up for after getting their license --- these are topics not covered in the pre-licensure course.Still, the course doesn't teach the "mechanics of the transaction..." at least not that I recallSo, to learn the business, especially in your market, you are going to have to either speak with some agents and/or actually buy and sell some properties --- yeah the latter part can get expensive.As mentioned, there are plenty of posts about the merits or demerits of getting your license. 

Do i need to sign up or anything? 

You could always call it a bonus room or office and let the renters do with it as they choose. 

I think to sign up as a member of MNREIA is $197/year - you will get a lot of benefits including a full binder of contracts for different real estate transaction scenarios.

The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule.