@Cameron Tope, according to IRS rules, in order to qualify "More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated."

The average FSBO seller can't do it better than the average realtor, let alone an experienced top performer.

Also, one major difference with an investor friendly realtor is that the majority of the time they are working with out of state investors and have good experience with performing video walkthru's for their clients and can point out potential issues.

We patched up some holes on the side of the house, gave it a new color and coat of paint, and cleaned the yard up.

Cap is a commercial metric that eliminates debt from influencing performance.   

In the last few days, I've noticed an uptick in non-performing HMLs being listed for sale.

Try to understand what tools they can provide you (marketing, software, legal, lead generation) What the commission split is and how it changes based on time there or performance. 

How is it performing now or are you stabilize as we speak?

Henry's wet patch!

I chose crowdfunding because it gives more control and transparency and may be easier to track how the individual properties are performing.