Did we learn anything, yes but alot of half-truths too.Came home and created a Nevada S-Corp and put an LLC under it, assuming we would go national.Property bought was in Calif, so more expense to Foreign File both entities.Started looking into creating my own Property Mgmt (PM) business to control out-of-state holdings.Then I learned:PM requires a broker's license or to be under his control almost everywhereThat stopped National expansionwhich then made the S-Corp and LLC unnecessary (to me; I accepted personal risk)Did get good liability insurance and suggest an extra Umbrella policy if you're going to buy&hold (aka become a landlord).

A contractor can take half your profit.   

My plan is to buy and move into a Duplex as well, live in half and lease the other.

Not sure i will get half that on 2 homes. 

I'm a newbie agent here in Ohio and want to help out my friends as best I can, and prove that I am willing to go the extra mile.  

That's what I expected, as well, but this person was adamant that because the listing agent would get the full commission, instead of half of it, that he or she would be more willing to convince the sellers to accept whatever offer you put on the table. 

Going out to shovel - already upto 24" in Richboro, Bucks County, PA - around 25 miles from Philadelphia. 

Question: Since it is a duplex and I am occupying one half of the property, who gets the rent from the other half?

I have been educating myself now for the last three and half months on wholesaling down here in Miami.

My sister stays like 3 miles from the location and my cousin stay a few blocks.