I don't mind sharing my gross commissions  by year:Year 1 - $30,000Year 2 - $126000Year 3 - $250000Year 4 - $424,000If I would have started with the right company, with the right training, and just followed the steps they laid out, I would have been so much farther ahead.  

Salaried employees who provide the time for home study seldom stay at the bottom very long.

I think what you're referring to is the LLC Fee, which is based on California gross receipts.  

As Blair pointed out, I snagged a 5 unit for $207,000 that is grossing $3,615/mo with 4 units wayyyyyy under market rent (the caveat is that my partner and I put in $7,000 in reno to make the 5th unit habitable again).

 your thinking too much, you own the house, if you are only doing the trim and painting, take that out of your contract with him, you are doing work on your own place not working for him as an employee or a sub.

Use the Licensing & Permits tool to find a listing of federal, state and local permits, licenses and registrations you'll need to run a business.Hiring Employees.

Data is no longer "Employee ID, 1001" or "Sales Price, $100,000".

Should you'd be sure that you want to deal with the property in questionNOTE: A warm smile and a joke will yield heaps of help with city & county employees.  

I assume the backwards approach requires that you establish the cap rate you are seeking, or a gross rent multiple?  

Working a guru system typically makes you a glorified employee without the freedom and resources to get to the ultimate end goal.