I don't think it is very profitable but they already have to have an employee working anyway so it makes sense for them.   

Exxon will be moving approx 8000 or so employees from other parts of the country (Virginia I think) once its complete next year.

If You have someone working in the bank like a friend, how can they be of any use in finding good deals? I mean ofcourse I will share the profit, but I don't know what to ask them for?

I'm 43 and am just short of $1M in gross rental real estate (buy & hold).  

This is a tax on interest income, dividend income and certain types of taxable gain (capital gains) when the related income/gain exceeds $200,000 in Adjusted Gross Income ("AGI") if you are single or $250,000 if you are married. 

Say it goes like this:"Costs to Acquire - $45K "Costs to Fix - $20K"Costs to Sell for $100K - agents commission, closing coasts, holding costs = $10K-------------------"$75,000"Net $25,000"You get your $65,000 costs back plus 50% of gross profit $25,000 or plus $12,500."

It was kind of funny how gross it was, but after a little while the novelty wore off and I left telling him to finish the rest himself as I had somewhere I had to be.

Owner/landlord knows that your apt is $18,000 gross annually.

A relative who is also an employee of mine is somewhat my mentor; he has about 10-11 units, and has been very inspirational as far as how to run things - by the book so to speak.

Furthermore the gross rents in comparison to the mortgage are typically much stronger and when you exit that property it will make it much easier to obtain financing on another property.