I think that in 20 years there will still be select jobs for real estate but, I do believe the days of making the huge commissions are about to come to an end.

I’m assuming they make some type of commission off of the estate sale?

Rather they are showing a 'proposed financing'.They are NOT guaranteeing that you will find this (LTV, Rate, Term) or any other aspect of a loan (fees, commissions, etc).Leaving the loan aside, I can't help but make a couple of comments regarding the numbers;- Vacancy of just 5% means that if you have 1 move out in a year and it takes you more then 1 month to turn the unit and re-lease it, you have exceeded your vacancy budget.

Thats why I suggest to get into earning bird dog fees and commissions before attempting to flip a contract.   

On that agreement, it should say something like if the seller does not agree to pay a commission, then you agree to pay them.

And no agent commission for those years either.

What about the buyers agent commission?

Also, let them know that they will be representing you on the buy-side, and they'll have a good shot at repping you when you go to sell (aka 2X commissions).

You could probably knock some off at inspection too and even more so if you use the selling agent since they won't split commission.

They supposedly bought the house from a motivated seller and are selling it to motivated buyer, more or less breaking even (so it appreciated at least 6% to cover broker commission is my guess).