Going to have to do a bathroom under the same roof because it's a 3/1.

The bathroom on the 2nd floor needs to be gutted and redone.

I have an investor who wants to check out a large commercial deal I gave him an idea on, but the investor is a licensed broker, and I am a licensed agent!

Since the property is listed, how do I go about making money...

If you structure it right you can defer a lot of your capital gain while having ordinary income only to the point that you can write it off from your "commission".

I could also structure the note with different terms and rates to appeal to a broader base of note buyers also.

Types of Cash Flow that Can Be SoldPrivate Mortgage Notes Catastrophe Fund SettlementsAnnuitiesLotteries and Structured settlementsCar, Marine and AircraftCharitable Remainder TrustsBail bonds secured by real estateDivorce liens Notes created in the sale of a businessMobile home seller financingViaticalsVacant land notesInheritance NotesReimbursement Agreements to Developer from utility company Vendor Carryback Paper Vocational School Paper Working Capital Financing

Unless it is common in your area (not sure where you are), having the kitchen and the only full bathroom in the basement could be a problem down the line.

I am reading everything I can get my hands on, and would like to take the next step of building a support structure of professionals for consultation and mentorship.

This way you are targeting not only pre-foreclosures but also people who want to sell but their place has a cosmetic or structural problem.

A good lesson about the importance of properly structuring a partnership in advance and not trusting anyone but certainly an expensive one!