You seem to recommend that to everyone here, so I am inclined to think that it worked for you.

Either walk or find another way to verify the situation.The agents are motivated to do a deal and are slightly more inclined to prepare the paperwork.

I am more inclined to do so on this kind of property because it's a C-1 retail zoning, vs.

Hopefully one of you will be inclined to steer us in the right direction.

Or you can go to the house and break their kneecaps if you are so inclined.

Comments per line item:Section 800 - Underwriting Fee - this is pretty high at $900, I am inclined to say this is put in as a place holder but the there are two fees inside of it, a processing fee (for the broker) and an underwriting fee (for the lender).

So I'm inclined to redeploy the capital.

I'd say a deal like this should have 10% of the sale price as the down payment and the front-end loaded note can be made so that is attained and then fall into the remaining amortized period.Sell the property for what it's worth, 8% is sufficient consideration, use the amortized period to provide you wanted monthly income, you could require a higher payment to principal to increase the down payment over time as long as they can really afford it, and affording should be determined by debt-income ratios not by an opinion, especially with any inclination of getting in their pocket from any personal issue.Good luck on your getting your RE license, as you go through that process you'll see the ethical aspects of dealing in RE and what I've said here will become clearer. :)

I think I'd be inclined to sell it. $325k homes don't make great rentals.

That's the rough conclusion that I was coming too without doing the actual math.I think that's the internal battle that they're going through is that it will chew through money and most likely not be cash flowing, but on the other hand Kingstowne is on a great growth incline with great opportunities to hit $900K in a few years.I think they should sell and find multiple less expensive cash flowing properties... but that's a real struggle in this area!