This is also why many investors never achieve HNW, they want to get rich quick and get as much money as fast as possible and they never get close because they do not know what they do not know, which involves the risk in real estate and especially syndications.ok I will step off my fake podium and go back to work.

It is entirely possible to manage your own taxes and educate yourself but this is time many can't commit to.

If that is possible, would I still be the owner? 

Hey BPI had a motivated Seller contact me recently in response to an ad I posted on Craigslist and she is very motivated but she owes 50k on the property and the median sales price for homes recently sold in that area...

Without BP this wouldn't have been possible. 

My question is, if I make a purchase using myself as a broker, is it possible to receive a credit from the seller when acting as my own agent instead of receiving a brokerage fee?

I will save his contact information and speak with him possibly today.  

If you move forward, you need to be up front with the tenants about your intentions so they will be as cooperative as possible regarding showings, inspections etc. 

If they come back and say I can't, I thought about pursuing legal action if it's possible. 

Marketing dollars not being limitless, I would want my efforts zeroed in as much as possible.