You will have friends and family who will need a realtor and should you decide not to assist with those, you would most certainly refer them to another agent in your office which would benefit the brokerage.

@Luca Mastrangelo If it doesn't benefit them on rate or terms then it would not make sense to put in both names.

We have benefited from the lower cost of acquiring the properties, lower annual tax rates compared to many areas of the country, and the lower cost of living in these areas. 

LLC will offer a degree of separation for you, but you might need to have at least 2 or more members to achieve this benefit.  

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

The house is already listed so I'm not going to deal with any lender.Are there any other strategies for me to benefit from this deal? 

The shorter term deals like flipping are most benefited from hard money loans. 

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

PM me for meetup information that may benefit you expanding into areas other an commercial (which I want to learn more about myself)

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.