This doesn’t necessarily sound realistic in a real world scenario. 

Hi Shayan,It definitely doesn't hurt to get another quote from a different GC for sanity check.DSCR loans won't work if the property is not rental condition and it won't fund any of your rehab budget.

Since traditional agent training doesn’t cover investing, supplement your learning with books, podcasts, and investor meetups.Good luck!

If it doesn't, can you still make the payments?  

The brokerage doesn't matter as much unless you are selling off market and they can share within their office.

That is an option I didn't consider, but if the bridge loan option doesn't pan out I may have to re-visit that option, because the equity agreement takes a huge chunk over time.

The fact that RentRedi doesn't have another option (and apparently aren't open to suggestions?)

Seller doesn't care how we split the real estate vs. the franchise, but I don't think I could get $250,000 for the real estate.

It will take 19 months of cash flow to break even.This doesn't account for any maintenance issues or a really bad renter.

The key to this is finding a HML that doesn't require access to the property for an appraisal.