Despite the great commission splits at these brokerages, there are still lots of fees in this business just to get and keep your license current, and as James mentioned, you may find it's not worth the time it takes, when that time can be better used sourcing deals. 

As a dealer and a contractor I've often charged a customer to remove them in order to install a new one.

There is a Streamline K $35k and under / no structural changes and a full 203k - anything above $35k that is more encompassing. 

To 3 different houses, my own my parents and a friend.  

The last 3 have real estate investing in mind.The Ultimate Guide to Real Estate Investing, and a few other ultimate guides here on Bigger pockets, and Phil Pustejovsky's How to become a Real Estate Investor -I think I have these Titles right- are good sources also.  

Lack of understanding and a good CPA IMO...Work w/ a firm that specializes in working with corporations...not some old guy that works out of his house...

This would be for a property in Raleigh, NC.I have a neighbor that I believe has a corner of his house and a gravel driveway pretty far into our already small lot. 

These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).

However I have a fully rented triplex I recently bought for 28k and didn't put any work into it, it has gross income of nearly 17k/yr and a NOI of a little almost 10k/yr So it's a pretty good deal for cash flow.

@Matt Bacenet I have a few turns keys and a few in my pipeline that will be ready for sale in 1-2 months.