The commission belongs to the broker, then pays you based on your independent contractor agreement.The commission received, even if you are applying it to the property is still earned income like your regular commissions.I dont do it because I maintain my rental property business as a distinct business separate from my agent business.  

Just make it clear to them that if they vacate one side they still remain obligated do pay rent and maintain it.

Most of the properties that are available that aren’t turn key need serious work and I was advised as a first timer to find something that’s already updated.

Any advice for a first timer would be much appreciated.

I’m looking to dive in! I moved back in with parents. So grateful they are not charging me rent. I’ve never done real estate investing and like wholesale concept. Im in San Diego and am looking to network work with or...

I would not purchase a 100 year old small multi with all of these issues when I could only expect a 13% ROI. 100 year old buildings that have been updated and don't have mold are very expensive to maintain.  

Overall, maintain control of your money no matter what through the process!

Anonymity usually refers to keeping your name as far from association with ownership as possible, while maintaining said ownership.

For the most part, "partnerships" in small time real estate deals are dumb.

Aside from the resale consideration, what will the impact of the location be on maintaining high occupancy with good tenants?