I don't think the part about commission is really important or needed.The problem with the owner finance deals Nick is that inexperience creates a ton of risk for the seller.

Key is don't let greed and inexperience get in your way.

their business model is geared for the rookie but the money you spend paying them combined with your inexperience can make profits slim in a tight market.check out Investors Mortgage Lending, their sister company for some interesting hard money programs.

Biting off a multi family as your first can certainly be done, depends on how big and the cure for your inexperience is having a PM at least early on in the ownership, that can put you in as a passive investor too.If you take on debt personally it will be on your personal report.

While that investor may have had unrealistic expectations, inexperience or simply bad luck, once the deal closed, they were miserable. 

I am trying to view it as a fun event to generate leads instead of being so stressed out about my inexperience.

I guess just due to inexperience I'm having a really hard time finding something where I come out in the positive. 

Hi Jerome welcome to BP   great source of information I'm in applevalley  ca ,high desert  I have 30 years in experience in residential  building  and rehab  , flipping   I assist  in purchasing  and  rehab property. 

If you want to vet an agent before deciding to hire them, call their broker and ask for a list of all their transactions in the past 5 years (keeping in mind that longevity is no guarantee of quality, and inexperience does not necessarily indicate a lack of quality). 

So I guess whatever you're lacking in experience or performance, try to make it up with personality and being cool to work with.