I feel like I developed a pretty sound criteria for operating in the middle market.

I recently passed my RE exam, which I mainly pursued because of wanting to buy more investments, but I'm also interested in managing properties for others.I'm located in CA which requires one to have a broker license for PM, however I have seen a few PM's who do not have a broker license, but are owners of PM companies operating under someone else's broker license.I have yet to find a broker who allows this so wanted to see if anyone here has any information on how this works and where I should look?

Although there are pitfalls and possible headaches, if you read and understand the law and operate within those parameters you'll be fine.

I'm a successful sales manager for a large company, and believe my sales and operational background will give me a good foundation to be a champion in real estate. 

For this, they want 65-35 split of the net profits and operating income with a 50/50 split on the investment. 

Hey everyone, my name is Mike, and I just joined the site.I'm currently living in Stuttgart, Germany, but I'll be moving to Charleston, SC this summer, where I have my primary residence and 2 cashflowing SFHs.I'm hoping to expand the operation and get in on some multifamily spots, and learn about flips. 

  @Sean Xin Someone who has experience in the Houston real estate market, primarily operating within the realm of single family properties (buy and hold, cash flow generation); specifically someone who has been successful in that area.

So now that I kind of have an idea of how to obtain the real numbers behind these categories, I should have a much better idea of the building's value and operating costs.

I would recommend the LLC be operating in the state that the rentals are in.

With all things good.. the property would bring in 6000 per month.. i am estimating 2000 operating cost not including mortgage payment.