I'm only planning to use it for mls access at the moment, and I'm wondering if it's difficult to find a broker who will allow you to "hang your license" with them if you do not bring in other business.

My question is what exactly allows you to charge on a per room basis as opposed to renting the house as a whole unit?

I know their are lots of stipulations, such as lease agreements with clauses that won't allow sublets but worth looking into IMO.

Even if you wanted to save that expense, you should "pay" yourself that amount by allowing for it as part of your expenses.The problem is: a bad Property Manager will cost about the same dollars as a good one - but your expectation of positive investment returns could be reliant on finding/being a "good one"!

My schedule allows me to have Fridays off and I'm using that time to maximize my learning through BP.

Hi, I'm a 27 year-old engineer looking to learn about commercial real estate investing in order to acquire properties that will provide a steady source of cash flow that will allow me to continuously add to my potentially higher-return stock positions, as well as cover living expenses. 

So I guess it depends on what your budget allows.  

You have a decent amount of equity to work with, so crunch the numbers, get it inspected (if they will allow it) get estimates and then decide

Be sure and get the contract that allows you to escape if you cannot assign it.

You would probably need to issue a W-2 for your wife.On $100K, it likely will not provide a huge benefit to add your wife, as you would likely not max out contributions in your own name, but having her as a documented employee of the company would allow her to rollover existing savings from another retirement plan into the account.