This could impact the reasonable compensation too since you will possibly have higher income in the S-Corp. 

Always be respectful of their time, make it clear you respect their time, and always offer to compensate them for their time.

Inflation is a real thing that you as a landlord need to be compensating for it. 

When an agent writes a contract they have Errors and Ommission insurance to pay, plus their broker probably wouldn't like her/him to write an offer and not get compensated.1) The fee, if any, should only be paid at close of escrow2) Is the agent the listing agent?

If it is open ended, how are early investors compensated over later investors, ie. someone comes in a month before selling asset, they should not get same return as someone in it for the long haul.5.

With that said, let's stop focusing on me and instead focus on helping the BP Investors whose best interests all too often seem to take a backseat to the compensation of realtors and title agents.       

We are still in the beginning stages and working on the proper way to structure our portion of the deal with the owners, which will compensate us for our services, as well as identify any unknown costs or issues we may have not considered, so this feedback is truly helpful. 

Real Estate Activities Requiring LicensureIn Florida, it is unlawful to engage in the following real estate related activities for compensation without possessing a real estate broker’s license or sales associate license.Advertising or marketing another person’s timeshare or property for compensation.Auctioning or attempting to auction another person’s property for compensation.Buying or attempting to buy real estate on behalf of another person for compensation.Listing another person’s timeshare or property for compensation.Operating as a real estate broker or sales associate without a license.Renting, leasing, or attempting to rent or lease real estate on behalf of another person for compensation.Penalties for Unlicensed Practice of Real EstateThe crime of Unlicensed Practice of Real Estate is a Third Degree Felony and assigned a Level 1 offense severity ranking under Florida’s Criminal Punishment Code.If convicted of Unlicensed Practice of Real Estate in Florida, a judge can impose any combination of the following penalties:Up to five (5) years in prison.Up to five (5) years of probation.Up to $5,000 in fines.Defenses to Unlicensed Practice of Real EstateIn addition to the pretrial defenses and trial defenses that can be raised in any criminal case, specific defenses to the crime of Unlicensed Practice of Real Estate are:For Sale by OwnerA person who personally owns real estate or a timeshare may sell, rent, or dispose of the real estate or timeshare without being licensed.Likewise, a person may buy or rent real estate for them self from another person without being licensed.I HAVE NEVER SEEN AN UNLICENSED BROKER THAT WAS NOT VIOLATING BROKERAGE LAWS.

You should also be able to communicate well with each other and you're operating agreement should lay our roles, responsibilities and compensation in a very detailed fashion.  

None of the LPs in the fund are real-estate professional and they are all highly compensated director and C-level executives that are in the upper tax brackets from an income perspective.