And then we are to "re-evaluate" after 3 months to see how to tweak compensation if necessary.

Im wondering if Im going about this the wrong way on finding comps, or if I should tweak my searches.

We found our contracts/tweaked them from the Fileplace here on BP.

I figured that once they draw up the paperwork, I can apply it to multiple deals and tweak minor details depending on the situation.Any thoughts on this matter from the pros would be greatly appreciated.

Tweak that a bit depending on your strategy. 

Scott put together to evaluate buy & hold over time and tweaked it to allow for a 15 year loan.

Instead, I would do as @William Allen said and find local deals, even if you have to tweak your strategy a bit to stay local.  

I decided, ok, so if I were to do this, how would it work, and would it be possible without being a long shot.With any plan it can be tweaked an changed, but first I would like to work through a sample scenario.I am not sure if something like this would be financed at 6-8% or what. 

From 2007 till about 2010 worked quite well, but when browsers like internet explorer and safari update versions and tweak their code, and your system stays the same; it starts to break, more and more bugs, and soon it becomes obsolete.  

You can see the cost data here: http://www.incorporatefast.com/filingfee.asp ; because a state has the cheapest fee doesn't mean cheapest total cost from a business perspective.There might be some slight variance in prices as some of the states tweak these prices sometimes but it isnt materially different.