This makes him work hard and earn the rest of your business.

These are the questions I ask of buyers.I know the chance of a deal happening based on their answer.Statistically a direct buyer has the best chance of transaction a deal for me an earning me a commission.The other ways there are multiple times in the deal that things can fall apart and you are back at square one under contract again.

I *think* that you can apply your losses towards future earnings as tax deductions... so you might be OK if you consider the $80K loss as a way to reduce your tax obligations over the next 5-10 years.You should research what you can do with that loss and/or speak with a CPA for the correct answer... but I think it is possible, I know someone still doing it with stock market losses incurred during the crash of 2000.

In fact, I would think that if they were flipping their first home and you cleaned out someone’s hard-earned SDIRA thru foreclosure of their flip, you could still be in a world of hurt standing in front of a judge.Jeff

It's like taking financial advice from a planner straight out of college, fresh from his test and earning less than 20% of your income.

Meant to add rent increases, although I haven't totally earned my sticker for that just yet.

Any interest earned is paid to the landlord... or as the landlord directs.

it's common to charge a storage fee, or transaction fee on top of whatever commission is earned.

You are earning 3-4% on your money with the "benefit" of super low taxes.

My understanding in TX is that even paid MLS subscribers like Zillow can only show/use the last list price in their online pricing models.