Please keep in mind that you are not selling candy bars or an Xbox on Craigslist or something, you are transacting in real estate that comes with a lot of liability.

If the stucco is good and the shower can be fixed affordable, I think I would hold and avoid transaction costs. 

If you know what forms to use (PSA, addendum, etc), why do you need to legally represent yourself for 1 single transaction?

I've had the pleasure of working on 30+ transactions and I also property managed 45 units before I moved from Cali. 

I've currently done two transactions with private money.

This is simply because I can examine documented transactions and make necessary capitalization & depreciation adjustments, then send you an adjusted copy.

We only ask for the first 1 or 2 pages of their past three months of bank statements and we ask to see copies of their checks or some type of verifiable transaction where they paid their rent on-time for the past 3 months.Renters can some big liars and they know how to produce fake copies of receipts and say they either lived with someone else, or they paid their rent with cash.

There are some websites that allow you to take rental payments, apartments.com personally I use Venmo but they claim that if your tenants are putting Rent in the subject line the company is going to start deducting a percentage transaction fee.

@Sam Collins most brokerages will let you do a personal transaction as an exempt transaction, but if you make a business out of it then most likely they will want a cut of the brokerage side. 

Agent - Adrienne Green with Keller WilliamsLender - Gabe Whitmer with First BankPM- Ashley Cross with Whitewater Property ManagementGC - will updateREI Concierge - Coaching, Mentorship, NetworkingActive Duty Passive Income - Education and networking