Foreclosures can produce good deals as well.

I am now looking to begin buying other buy & hold properties to produce cash flow in the Montgomery, AL area.  

that being said, you arent card should have your unique selling point on it  Are you the big money producer? 

The fact of the matter is that with today's technological mindset, this route might not produce the bounty it did in the '80s.But, as the old saying goes...nothing beats a trial, but a failure.

And do they also list the ALL the properties that they have bought, including ones that may not have shown a healthy return, or haven't sold yet (so you can follow the individual ongoing progress)?

A key is getting with a brokerage that understands you just want to invest and not make being an agent your career.They might not want "dead weight" at their company or spend time training when you don't produce a return back for them.

Most of those agents are top producers who simply don't have enough hours in the day to service each and every lead they get. 

You should ask what type of training will be provided as part of your agreement to align your license with this company.a) Ask for a thorough explanation of what the training program entails, it's length, and who is doing the training.b) ask them to show you the training materials.c) ask about the production of the trainer currently or when they were producing if they're now only managers.d) ask to meet with the sales manager if that's a different person than conducting the interview.Best if luck!

They are producing about gross 130k on vacation rental market.  

So I guess what I am asking is, if a property that I am holding has positive cash flow...a healthy 6 month reserve behind it...and I am at a 30% equity position in the property, what is the WORST that can happen?