Appreciate your input, I've looked and analyzed a deal recently for a very small facility (70 units) about 9k sq ft of space in New Jersey with cap of 10% (but thats before the tax reset and needed capex).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

That just means you will use the listing agent as your agent and still pay a fee unless they have no fee on the buyer side.2.

Together, my partner and I (mid-late 20s) make around $355k pre-tax but don't have much in savings at the moment.

Any fees for that?

To make a long story short, I am referring a subdivision project to my DB for a referral fee.

Correct no tax benefits. 

Hi Ali, The good news is because you have experience there are loan products designed especially for investors that require NO personal income or tax returns.

@Conrad Meier, this is not uncommon with a tax sale property. 

I have come across multiple properties - typically houses that require rehab - where the seller is not the owner of the property but what I believe to be a wholesaler or investor who has been assigned the rights of the property to sell to an end buyer (me) for a (substantial) fee.