I ask because I came across a firm offering deals like this:Purchase, rehab and flip a distressed property, timeline 6-18 months.Minimum Investment $100,000Above $500,000 and an investor can appoint a member to the management boardMinimum asset price $1,000,000Management Fee: 2.5% of invested fundsManagement invests 10% alongside investorsDeveloper invests 10% alongside investorsSuccess fee of 50% on returns above 8%My main question is whether the 50% success fee on top of the management fee is highway robbery, or pretty standard on larger deals averaging 30%+ in such short timeframes?

I am really interested to see if there are investors out there who successfully use Auction.com to acquire investment properties. 

You shadow or mirror someone who is successful in the aspect of the business, and finally you assemble a team to help get you there.BiggerPockets and these meetings will help you to start learning the various aspects of the industry whether it's property management, flipping, rehabbing, etc.

If i were you @William Crutcher. i would go big but partner with someone who has done it few times and been successful.

I have had some success with commercial lenders. 

I reckon you need to be out of Balloons, and into longer term fixed interest amortizations.If your past deals have proved to be successful, there's no reason why Lenders won't want your continued (or new) business.

Again, I have done 3 of these deals before and repositioned successfully!

You should also try posting your listings to Craigslist, I know @James Carlson has success listing his corporate rentals pretty much exclusively through CL and gets significantly higher rent vs. long term rental. 

We need help and is reaching out to you guys (gals) for any information that will make this round a success.

I figured that getting my license and working in an agency with successful sales people will give me a wealth of knowledge as well as earn the opportunity to get income through my sales skills (spent time as a financial advisor for Prudential Financial, I also had stints in sales with AFLAC).If you can, I would love some awesome feedback on everything from: *What I need to know about working with a brokerage firm (membership dues, office politics, commission splits, location, size, etc)*How I should start investigating my market,*What kind of time and money I should be prepared to invest to get results in real estate sales,*Tips on getting into the commercial sector,And anything in between!