., told The Wall Street Journal.Read more: Why I Left My BrokerThirty percent of 6,750 agents surveyed said that they had been with their firm for a year or less – an increase from 18 percent the previous year, according to a 2014 survey by the National Association of REALTORS®.

Those of us who choose (or are required by our brokerages) to affiliate with the national, state, and local associations of REALTORS© are bound by a code of ethics and standards of practice, and agree to be held accountable by our peers when we fail to abide by these.Obviously, that does not mean agents who are not REALTORS© are dishonest or unethical (there are plenty of reasons, cost being one of them, not to pay for the REALTOR© designation) - but when having a discussion about ethics and standards of practice, I think it is important to point out that these do exist and are adhered to by thousands of professionals across the country.Thanks for bringing that up!

She lived on Park Ave in NYC.

I manage properties as far up north as Oceanside and south as North Park area.

My business partner had boss in the military that moved 30 times in his career, nationally & internationally; purchased in each location, and held on to the property.  

Furthermore, a property might only bring in $100/mo in positive cash flow, but it could have a really high cap rate if you got a great deal and have a good bank lined up to for your refi.On the flip side, I've also wholesaled properties to foreign investors with a < 5% cap rate...While it seems absurdly low to some, there are people out there who just prefer to park their money in something in the US, and that trumps all other metrics.

Don't call the national guys, call the local ones.Most HMLs that are local do their own assessment of value, they don't rely on outside appraisals. 

I also recommend calling some of the national companies like B2R finance, First Key, ect and hear what they can offer.

I have a one page cover sheet I add to each application with check boxes to show that they have the "deal breaker criteria", a section to score the "nice to have" criteria, and a section to briefly explain my acceptance or rejection.Our Criteria: Complete applicationVerifiable rental historySufficient income/resources to pay rent and liveCredit report showing prior addresses consistent with application We do not deny housing for race, color, religion, sex, national origin, handicap, sexual orientation, marital status, or familial status.We do deny housing to individuals:convicted of manufacturing or selling drugsconvicted of a crime the poses a threat to the property or neighborhood, including repeated disturbances, gambling, prostitution, violence, threats of violence, or rapewhere there is poor prior tenancy: evictions, violations, damage to rental property, poorly handled move outs, amounts are still owing to landlords or utilities.who misrepresent information on the rental application

My guess is the national firms will have a uniform split rate across all states.I can say that in doing the math I would have to represent about one house per month at about $200K each to get close to the national average for an agent in his first year.