You do need a real estate license to receive/earn real estate commissions.

I received another quote for about 130k to do the project.

I have an amortization table built into my Excel sheet which is awesome for seeing 10 yrs out mortgage paydown. 

If you receive the property by gift, however, you will take a carryover basis so you will be subject to large capital gains when you eventually sell it. 

We have a solar panel company here received Federal grant and tax incentives.

They had to pay me ALL of the Agreement I was to receive from the Buyer and I had to pay None of the Agreement to them.

In Texas, you can only receive 80% of the value of your property with a cash out loan. 

I've received quotes from lenders for different types of loans, insurance quotes, and should be receiving rental projections from one of the major property management companies in the area.

Move forward with your investment, and use the education you have received on this deal to better your prospects on future deals.

@Steve Vaughan, pause MSNBC and research:LENDER CREDIT LENDER TO BORROWER CREDIT LENDER CREDIT TO BORROWER etc.If you ever do need a mortgage loan, it's a way for borrower's to minimize their out of pocket costs by choosing a higher rate and receiving a Lender Credit.Yankee Sierra Foxtrot India!