I tend to divide this by character of the income, parties involved, and nature of the risk, as well as the client's apatite for risk.  

Take the floor area and divide by 49.

Advertise the rent price as a "Winter Special" for applicants that can move in quickly.If your rent is $1550 per month, divide that by 12 months, that is $129 per month.

If I were to divide the home classes in my area into these categories I am probably living in a "C".

Any suggestions on how to divide this since I will be doing the majority of the work? 

I multiply that times three and then divide by the number of days in the month to create a daily holdover fee:$1,000 x 3 = $3,000$3,000 / 31 = $96.77$96.77 x 3 days = $290.31

If it was part of the same plot of land your primary residence sits on and you sub-divided it, I would consult with a tax advisor as you may be able to claim the tax credit.

What's $25,000 divided by 120 hours x 52 weeks?

The biggest divide in the note business, or note investing isn't between passive and active, residential and commercial, or 1st or 2nd.  

“Provide real estate brokerage services means to engage in any of the following activities: (1) for consideration, providing any of the following services for another person: (i) selling, buying, exchanging, or leasing any real estate; or (ii) collecting rent for the use of any real estate; (2) for consideration, assisting another person to locate or obtain for purchase or lease any residential real estate; (3) engaging regularly in a business of dealing in real estate or leases or options on real estate; (4) engaging in a business the primary purpose of which is promoting the sale of real estate through a listing in a publication issued primarily for the promotion of real estate sales; (5) engaging in a business that subdivides land that is located in any state and sells the divided lots; or (6) for consideration, serving as a consultant regarding any activity set forth in items (1) through (5) of this subsection."