@Linda Chanthakhinh Why would an investor/agent (who presumably knows the EXACT value of what he's selling) sell the property to you at a discount when there is obviously buyers out there at full market price.

I’m not afraid to hear it straight so please let me know your thoughts.

@Zocky ZhangSo let me get this straight:1. 

But I want to add some color on how I look at properties, regardless of house hack or straight investment:Would I live here with my wife and two small children?

Deep discount - fix and flipper2.

When they call "Hey I hear you give a good discount to Contractor Fred who has worked with you for years and referred some top notch clients, well I met him yesterday and I think I want you to give me those rates too".

Some more pros (or reiterating):Direct acces to ON MARKET propertiesNetwork with other Realtors and maybe get leads from themEarn the purchase/buy commission (not much for a distressed sale)With a supportive broker get discount on listing commissionCons...Have probably ~$2k annual feesProbably have to sit the front desk at the officeGo to office meetings / maybe have to “make money” for your brokerHave some startup costs for signage, etcTechnically need to declare yourself as Realtor all the time (could be a pro)Time taken away doing “realtor stuff” when you could have been focusing on your primary/niche profit activitiesThis being said, having a license may just be part of a career path.

Repairs should be straight cost.

Any ideas, thoughts, caveats, straight up warnings? 

Can you imagine walking into a car dealership and "demanding" they sell you the car for a 17% discount?