One idea would be for me to contribute 20% of the funds plus everything mentioned prior while he provides 80% but we split the profits 50/50 what are your thoughts and/or experiences?  

I am not sure what the rules are but the moderators probably don't like you posting the same question under different forums.

Closing deals can take months, years, or never. 50% of the agents last year in the country didn't close a single transaction.9)How will my hand tattoo (fully covered hand) affect me while looking to tie my license to a brokerage?

Our partnership agreement is that we both are responsible for the everything, 50/50.The question is, How do we put the title into an LLC, legally so the bank won't be able to call the note?  

@shah a I live and invest in Detroit the rule of thumb is the closer to downtown the more expensive.

The days you are not busy doing real estate stuff you should plan on being at a kids ball game, a pancake breakfast at the local Lions club, a school play that you donated $50 for, getting your car washed at a local fundraiser by the soccer team, volunteering at a local chicken BBQ, taking your dog to agility classes and meeting people etc etc.

On your specific question I'll follow the discussion to see what the attorneys out there will say, but the agent is the real estate license holder, as issued by the state, not their company if they incorporate... so I'd imagine that "pierces the vail".But tangentially there's also the MLS rules for agents. 

Failing to follow the rules can land you in jail, not just civil court.

There are so many problems with this before even looking at the rules and it seems like you are looking for a way to make it ok and there will never be.If you are the listing agent you are NEVER bidding on the property, not through someone else, NEVER.

They must be distressed, list price to gross monthly rents ratio must meet the 1% rule or better, and they must be able to currently Cash Flow $100 per unit using the 50% rule.