I don’t see myself getting into REI full time in the near future as I have a great job that commands a very nice salary vs. the local cost of living (and I enjoy it too!).

There are no special borrowers, we all have different levels of advantages but no one commands what ever they want

Has anyone used this system to 'turn your real estate business into a million dollar business in a year'? That was one of the web videos informercial claims. It looked to be basic internet marketing systems, SEO and...

But really, unless you're paying them, your realtor's job is not to jump when you command them to do so.

I think it comes down to the quality of broker you can command with what you are trying to do.Brokers should carefully select buyers to work with for investments just like investors select properties to buy.It should be a business decision and also if you gel together well and want that lifetime relationship.

my family has had rental properties since the 30's. long story short, family member passed and through the chain of command i was asked if i wanted it at a quarter of market.

I feel that it'll command higher rent, get in better tenants, higher fmv when I do sell, and eliminate the majority of headaches and repairs later.

So let me ask you this switch positions . your seller.. you just deeded your home away you think everything is great.. now the payments are made for a year or so then. stop.. your seller probably has not really fixed their financial position and is now renting and so they can't afford rent and to pay a mortgage on a home they do not own... you as the real nice middle man who solved their problem is long gone you could care less you got your dough you just stuck your seller with basically a sub prime borrower they don't know... house will now finally go to foreclosure because both parties can't cure.. and of course your long gone you got paid you have no skin in the game does not affect your credit. 4. the people you saved cannot get another home because their mortgage is still on their credit.. they are stuck and did not realize it when they deeded it over.5. your Seller gets way pissed and files a complaint against you at the AG s office as you have taken advantage of someone in dire straights and now they are totally messed up. ( I have rescued investors who this happened to)So I know there are guru's that teach this and it all sounds good.. but UNLESS you have the ability to cut a check to payoff the underlying at anytime its called then step in and foreclose your lease option or contract for deed folks out.. then this is a horrible idea .. and again I know its taught and on the surfice it sounds wonderfuland it works like I said if your very well cashed up .. but most who do this are not ERGO they want the sub too deal as they see this as leverage into a deal with no personal credit.Also let me tell you there are sharks out there that do this and walk once they get a few grand .. in many states you cannot even deal with folks in foreclosure unless your a licensed foreclosure consultant.. our state is that way.So careful .. think it through .. use the 10 commandments due unto others.OH and lastly your comment about just walking that one really gives me heart burn.. you lead people on you bail on them and leave them no time to fix their problem when they could have been talking with a real investor or short sale broker that could have actually helped them and is not just looking to help themselves.

Would I just be able to command an hourly fee and manage another's property? 

@Elisha Keller I would analyze the deal for what the property would command in rents If I was not going to live there.