I can see the advantages of controlling a property that way, however, at the end of the day, I am in essence buying the property for the balance of the note.

Or you can keep it simple but less precise and just use the broad approach you described in the original post, but make sure you are using population data for the entire region, not just the central city.

I personally like the control and I get along great with the other agent. :)To further clarify, if I had a 6% listing agreement I don't think I'd ever agree to reduce down to 3%, I don't care how much work you claim you'll be able to do without me.

There are a couple ways to accomplish what you want to do.You should consult your tax advisor to see which method works out to be most advantageous to your individual situation.I would like to give you a more precise answer, but with taxes every individual has different circumstances.Hope this helps.Ed

,Since W2 employees get taxed BEFORE they get their money, you're kind of up a tree on this one.You'd do better to find a way to pay yourself from your deals thru an S-Corp so you can control how much of it is actually salary (earned income) versus dividend (regular income).

You have full control, the agent works for you. 

The law linked above states that if there is a conflict between “the provisions of this section and the terms of a written lease, the terms of the lease shall control.”

@Dalwin Garcia Rent control in Passaic applies to much any investment property except: single family home, single condo/coops, owner-occupied 2-family and new construction.

However all you can do is tell your resident that you can't control what happens outside of the home.

What is the best way to word the addendum so I can control the quality of the work hand materials being used.