He quit his regular job about 2 years after he started.You may have allready been in contact with him.  

Once these are complete we'll be moving full speed ahead on the regular repairs.

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

If it is the support of a supposed lifestyle, it is probably more important to identify the amount of money needed on a regular basis to support that lifestyle, and work towards that.

I know in a regular sale at least in MA its typically 1,500.

Some guys use CMBS effectively but I have always found better options.I regularly use options 1-3 depending on the deal as our strategy is similar: purchase, add value and reposition, and then pull out cash to return to our investors.Andrew

This also allows you to get into the units on a regular basis so you can see how your property is being maintained.

Make sure to view the Bigger Pockets book store: https://www.biggerpockets.com/store

I have started listening to the Podcasts from 2013, talk to a close friend who uses this site regularly, own one SF home that I used to live in and now rent out, and also another SF that I live in with my wife and two beautiful daughters (1 & 3).

I don't mind setting things up so that the realtor gets his/her commission on a rental, but I don't want them to feel entitled to a percentage of the sale price when the home sells if they find out we are doing a lease option.I guess what I'm really trying to figure out is how a rental listing agreement works as opposed to a regular listing agreement.