I've seen people be successful with this method in many areas and Ive had close relationships with people who have done this and done it well.I myself am a House Flipper have been for 12 years now.

I had one building under contract previously, another 4-plex, but the deal fell through because the building didn't appraise out and the seller would not come down to what was still a good price.Looking forward to building relationships with many of you.Chris

James:Are you talking about a partnership with one or two people with whom you already have a relationship (family, friends, co-workers) or about a five page prospectus you hand out at REA meet-ups?

Basically how can I keep the best win/win relationships with my agents?

If you find deals and build relationships prior, you will be well on your way. 

I would say using historical prices to price this property is a very bad idea.

Now months later, I've built my buyers list, established way better relationships and really got myself in line with well, myself.

And congratulations on taking an assertive step to build relationships and connections in your passion.This is a wonderful place to share information and learn tons of valuable resources and techniques.Be sure to stay connected, talk to everyone you come in contact with about what you're doing, set goals and stick to them. 

I think you are saying you have about 100k of equity to work with if you sell/exchange in which case I would suggest you look at MFR'S, either in close proximity to you as you referred to or even considering another market if necessary and just figure out those relationships you need in that other area the same way you would vet the turn key operations and resources.  

@Yin Choi - I admittedly haven't run the numbers on active listings in a few months, but historically, the numbers have always been positive.