I think the best thing to do would be to find a good-hearted person with a lot of experience and pick their brain.

Was it real property or personal property?

Personally never heard of this scheme or way to set up transactions. 

Tampa’s my personal favorite (yeah, I’m biased), with strong growth, great tenant demand, and a balance of cash flow and appreciation.

The agent will not be paying you/seller/buyer because the agent does not bring money to the seller/buyer in any fashion in a transaction (typical transactions), unless this agent is a partner to that person buying the property, or they are a principal to the property.Let me know if that makes sense. 

Interview a number of tax attorneys and get personalized advice for your exact situation. 

Find a local Meetup of real estate investors,or a local REIA (a chapter of Real Estate Investors Association)or even a local Facebook group that meets in person.

Hard to say one way or another without knowing your personal finances, goals etc., but it seems like a good deal. 

Quote from @Leonard La Rocca III: So is it common to find a conventional loan without meeting the lender in-person?

We are a boutique firm in Chattanooga and every agent in our firm is personally involved in either real estate development, owns investment properties or flips homes.