Is there a required "cool-off" period before the seller can get involved in the property again? 

That's a big question as there are a lot of variables involved.

It's a win-win for both parties involved.

There are usually fees involved with being under a broker (% of commission, monthly desk fee, insurance, etc).  

I have never invested in real estate before nor have I been involved in a deal besides the home I live in. 

If there is anyone in my area, feel free to send me a message as I'm looking to become involved in my community. 

Some of the simple financing deal structures that I have read involved something like 100% financing from one (or a group) of partners in exchange for x% interest and the first position on the lean or 100% financing in exchange for 50% equity (split with the buyer/manager of the property).Our deal is probably going to be somewhat different.

I'm a small fry compared to B2R and such... and the reason my two flippers use me consistently is because there's no paperwork involved...

I still need to get more involved in RE and will probably keep a few rentals along with doing some flips.Congrats.. and looking forward to reading about your next Success Story.

Very good points on the expenses of operation and the time involvement.