This was what I was thinking1) $1000 a month + 10% commission on expected Net Profitor2) $1000 a month + $2000 per completed project (we do 30 to 50 rehabs a year)or3) $50,000 a year and bonus at the end of the year based on performanceI appreciate your comments

Together, we make a bit over $100k pre-tax (not including any bonuses). 

That's a very generous termination clause.

I'm also an agent and I'm seeing up to 5% Commissions plus bonuses on homes builders are trying to off before the new year.  

More to manage once you buy, plus the bonus when you do buy.If they don't show houses, ask for a recommendation for someone who does.

Put some effort to network with new agents they can become your life team members.As for mentorship, suggest you NOT sign up for generous split to mentor.

We are owner/developers so we were given a density bonus of 2 units but they had to be low income.  

If they don't make it easy it can be extremely frustrating and time consuming....You don't have to take all classes on campus, bonus points if you find schools that offer night/online classes.

Here's some updates for this project:+ Deficiencies: - 3 beds but only 1 bath- 2 of the bedrooms are only 9' wide- kitchen is only 8' wide, closed in (through an 3' opening)- boring front elevation + Bonuses:- big front yard- big back yard- great size side yard+ Master plan:- Expand rear wall backward 2 more feet: enlarge bedrooms from 9' to 11' wide; make kitchen bigger & open floor plan- Bring front wall frontward to enlarge family room- Add master bathroom as a second one- Add small porch to make it looks a little more curb appeal.- Build a brand new ADU (2nd unit) in the back!

I think it could easily teach people to be less generous, because instead of giving towards the mission - they see it as a business that should make its own money for upkeep.Theologically speaking, I think this could teach your congregation the very opposite of what you want them to think of when they think of their relationship to giving...All that said, I do not think this is a bad idea - those are just a few concerns I have.