I do like the idea of getting your license (vs. wholesaling) because you have more options when servicing potential sellers and buyers. 

It's where you can find/post advertising/promotions for properties or services, as these aren't allowed in the forums.

Owning a home, managing repairs, collecting payment from tenants...all these things take time away from you and you might not even have that much time to begin with.Most of the residents I see opt to rent a place with roommates to offset the cost of housing.

Motivations are aligned.I'm sorry if you had a bad experience, Peter offers a great service and is a wonderful, professional guy.

There are some in the Reno, NV area that offer tenant screening services only. 

Your tenant in the first unit is paying $900 a month - I’m leaving out mgmt and repairs - so you have $1200 a month negative cash flow while the property is being renovated and you look for a new tenant. 

Fast-forward… I found out the owner of the house did a bunch of repairs and improvements without getting permits.

So if you want to decrease the agent's asking fee, the agent may reduce the level of service provided.

If you rent it out for more than 2 or 3 years and then sell it, you have to pay cap gains on the profits.I'd also run the numbers on the house to see what you'd get for rent and what all of the costs are associated with the house (property taxes, insurance, repairs, vacancy as well as mortgage payment). 

Property Inspection: Conduct a thorough inspection of the property to identify any maintenance or repair needs.