Appears REATLOR does have a "SINGLE PARTY COMPENSATION AGREEMENT"Would this work? 

I assume the compensation would vary depending on the tasks.I am a full service property manager and I offer both full and limited terms. 

It might take a few years for their pay to compensate somewhat for a spike in inflation. 4.

If the former, you should compensate them something for the inconvenience, but $1500 seems high.

You could determine FMV for property management and compensate the party providing it even if it's one of you. 

My desire would be to tender a contract to purchase the property, pay off their loan while ensuring the owner receives fair compensation and I receive the house.

Thereby the seller doesn’t end up taking the property off the market for t0 days, and gets “compensated” $100 when the borrower exercises his option to withdraw from the deal. 

For the record, I receive ZERO compensation for making this referral!

We would bring in compensation to make it worth it too him and he seems to be open to the idea as long as we can figure out a way to do it without too much penalty on his side.

But, they will owe you that money whether regardless if whether they buy a property or not.It is when you tie your compensation to the actual closing of a real estate transaction, whether flat fee or percentage based, that would create trouble for you regarding licensure.