That means that the profit that the MC has left over at the end of the year after all expenses are covered, is disbursed out to the Agents in that MC based on the profit that they brought into the MC. 

I have a bit of a twist on this approach.

@Frank Casi, I agree with you to a certain extent, which is why I believe finding the right property management company to partner with is the second most important part of real estate investing (the first part being to buy the property at the right price).The good news is that the BiggerPockets community can definitely point you in the right direction as far as property management companies go.Similarly, you can post every opportunity you get in the forum and you will receive instantaneous feedback, which should help you evaluate whether the deal is right for you (kind of like you did with your original post above).All in all, you are on the right track and taking the right approach.  

I am researching properties and am curious exactly what I should do to approach someone to fund the loan.  

@John Chapman @Jd MartinHere are the #'s I have for the first property:Here are the inputs for Property #1:Purchase Price: $171,000Interest Rate: 5.125%Down Payment: 15%Total Amount Brought to Closing (down payment and closing costs): $22,875Gross Rental Income When Bought: $1,050Gross Rental Income 1 Year Later: $2,450Monthly Water Bill I Pay: $83Property Management Fee: Assuming 10%, but I manage this property for now, so for now it is 0%.

Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect.

Hi William, I was recently approached by a rep/agent for AT&T in Oregon to place a tower on my property and have a site visit scheduled in the next few days.

I want to be educated and prudent in my approach.

Is it best to approach the property management companies or owners directly?

Although sometimes we were brought in early due to trust to help develop budgets.As an estimator, I was always prepared to explain my costs.