I provided the office basics (phone, paper, files, etc) and a flat fee of $500/month and 95-100% commission.The key success in this model is to track expenses...each agent gets a login for printing copies to keep the abuse to a minimum etc.

This interests me greatly, but as the saying goes, why reinvent the wheel when you can find a business model you like and make it your own.Does anyone have any insight into this? 

I quit my 9-5 job in December and been focusing on getting our finances organized and we are in the model of a rehab on a triplex.

Parking - It looks like this property has sufficient parking, but if you did rent by the room, it would make the model more attractive if each person had their own parking spot. 2.

You are asking us if this quote you have would include trims, but you should be asking the party that provided you the bid as only they can tell you if it is or is not included.As with any contract for goods or services, you should have it in writing and it should be detailed enough to cover what is included and what is not.My contracts include "Exclusions" which list items that are not covered in the bid and one if my exclusions is always "Anything not specifically listed above".

Option 2: This is directly answering your question; you could do a 'waterfall' model of distribution of cash flow.

The buyer broker has a premium service model and the listing brokers have a volume model.Often the buyer brokers that will work for small fees tend to have few years in the business and very limited knowledge and experience to evaluate properties.

There are a lot of check off items you need to set up.4. 

Standard deduction or Itemized deduction has nothing to do with rental deductions.

Some of the common turnover items in my experience include patching holes in the wall both minor and major, repainting the unit, deep cleaning the unit, and changing the locks.