I do not know what that agreement says and division of fee or percentage so I am not agreeing to a blanket statement like that.

When it comes to return, I only care about percentages.

High percentage of agents at end of first year have "0" closing so that license is as good as the paper will promise.

will they only cover a certain percentage of the purchase price and closing costs, so i will need to have some more skin in the game?

What if we approached them with a criteria- minimum of 1-2 weeks advanced notice; but with the willingness to purchase their vacancies for a small percentage of their typical nightly rate.

High percentage of returns on money invested.Thank you,Keith Larson

Here is the question I want to bounce off everyone to determine if my thinking is correct or not:Hypothetical example: If I'm looking for a home that will have a monthly payment of $1500, I am placing more emphasis on homes that would have a lower percentage of it being mortgage cost with the rest as PI.

Remember that its a percentage of gross income... so if your building is somehow demanding very high rents its again overstated. 

I believe it is possible to manage a property without having a brokers license if you own a percentage of the property.

My understanding is that you're calculating a percentage of your rental income.