The real play here might just be to take a step back and evaluate if this deal is going to actually set you up, or ruin you financially. 

It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!

I have been playing around with Propwire for the past few days and it makes me wonder how accurate the information is on the site compared to Propstream.

You want to play?"

Look at buying rental properties as the long term play in building wealth.

You are WAY too eager to leave your job for investing when investing takes years to deliver a return comparable to your job unless you have a bank vault of money to play with.

So, the fact that you are capped to the purchase price plus closing costs does not come into play here.  

This young man is 25, if he plays his cards right and scales slow, by the time he is 40 he will be a millionaire many times over.You just have to be careful, there are sharks out there that are not scammers per se, but they are just very pitchy and slimy and are allergic to honesty. 

Of course, I had learned to play by the rules a little better by then. :)

We play games called, "lets show the property to a perspective tenant" and "lets go to closing together" and "lets deposit money in your bank account" and "lets review your college fund investments".