Commissions are negotiated and can be more or less depending on your office policy.Or, again with your managing broker's permission, tell the seller you know several investors that might be interested and get a listing... maybe a limited listing instead of a contract to buy it yourself... maybe as a transaction broker so you're just helping the buyer and seller consummate the sale (not representing either party as a fiduciary) and charge a commission instead of a wholesale fee.Just spit-balling ideas for you, but check with your managing broker to structure something that does work for all of you.

It was broke down like this:xxxxx1: “O” Checking = Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = Reserve funding in, CapEx out;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx1: “M” Mortgage loan accountxxxxx2: “O” Checking = Rent in, Bills/Expenses Out; xxxxx2: “A” Savings = Reserve funding in, CapEx out;xxxxx2: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “M” Mortgage loan accountAnd so onThis was fine up to a point, then it got way to convoluted keeping track of everything.

Larger buildings have fire alarms and sprinkler systems; fire walls; wider hallways and stairwells with double exits, etc ... all measures to increase the available window to exit a building in the event of a fire.

Wonder if it limits the secondary buyer's ability to resell the loans though. 

In Japan, they have Karoshi:http://uk.businessinsider.com/what-is-karoshi-japa...There is a limit.

But there is a limit to how much you can exclude from ordinary income.

The purchase price will be 160k and the homes renovated value is between 210-220k. (4bd 2.5ba on 5 acres inside city limits)My question is, should i do minimum repairs and rent the home out for around 1500mo (pay the morgage) or flip the home.

Besides my secular job I am a also the Pastor of the Truth Church in Edgerton, KS.I have a limited background in real estate investing but I have bought 3 single family homes in my life and one of those I had a renter for a couple years before selling for a profit.

Really, not just limited to basements, but any room or apartment that has another floor above.

Im just not sure what the guidelines are for posting if it is limited to questions only.