The courses and exams are fairly easy, with the exception of Exam #3 - spend a bit of extra time studying for that one.As for being self-employed, that's a challenge many of us face.

Did you mention the advantage of investment real estate: in a few short years it can fund your retirement for life, it's fairly low risk, and tried and true to work?

Does anyone know what a fair commission rate for a wholesaler bringing a buyer in to purchase a contract?

Fair point. 

This deal was presented to me by my plumber who has been maintaining this property for several years It is not currently on the market, the owners have become elderly and ill and they are firm on the price.

Cap rates have some flaws, but they are one of the good measurements of real estate return.It is fair to include closings costs into the purchase price, to determine your cap rate. 

“FORECAST AND MAINTAIN”Begin collecting data and attempting to forecast.

However, we cannot seem to come to terms on what a fair price is.

Fixer upper style will not work here right now and I live and work in the Cy-Fair area.

As long as the property value go up, and you can maintain positive cashflow, you are okay.Overall, higher risk, and you will need an exit strategy when market values go south.Terry