This is different from a "Performance" code requirement, which has to be designed to meet the criteria.  

All you will do as a broker is perform the transaction for them while they learn and give most of the commission to the agent.The marginal leads that are long shots of happening those are passed on to the new agents to learn on and see if they can do anything with it but it doesn't take up a lot of the brokerages time.

I don't think the market will perform well in 2016, but I am staying long.

I've performed over 7,500 residential valuations and my buyers/sellers are primarily investors who understand my valuation background.

If you are not doing much and there are patches that are missing there is screening and then you can skimcoat the area to seal it.

Please forgive me for not being more clear.This is a flip.I have the experience of performing the actual rehabs - I've made much money for others (and a small sum for myself) -- what I do not have is the financing experience, knowledge base, and network.

More specifically, sounds like he is in the 'non performing note' business.  

I buy non-performing notes, modify them and sell them to Investors with a 10%-15% cash on cash ROI.

At which time you perform your exchange and use the sales proceeds to "buy" the long term lease and improvements that have been made.It is complicated and there is very little guidance from the service on this one.  

You can't perform proper due diligence if you can't see "everything".