Rancho is working class, solid neighborhoods, decent schools, and lot of first time home buyers looking for a decently sized house.

Title issues tend to be the fact pattern where properties are truly not financeable but that's rarely the case when you see the "cash only" adverts.Ultimately, proceeds will be transferred through a title company and its not as if the buyer is showing up with a duffel bag filled with cash.

Does the TL get 20% even though:- technically I am not mentioned as being on any team in the brokerage system and the commitment letter has the wrong brokerage logo- I have not signed any other documents/team contracts as the TL never handed me any to sign but was supposed to- my COI/SOI leads have not signed any buyer's/seller's agreements with me but may next yearDo I have to do an exit interview (even though there was no mention of it at any time or in the commitment letter)?

If you like the property and have that amazing rate, just heloc out enough equity for the down payment on your next purchase and start hunting for deals.

Quote from @Juliet Silver: It may be an investment, the buyer is working on a variety of scenarios now.

Owner, buyer, and the bank.

No longer can buyers underwrite to $1,000/unit payroll and $250/unit insurance expense. 

You’re saying a primary home buyer won’t be able to buy it.

Buyers have trouble underwriting deal with current rates, so price goes down.  

That's a very small inventory when especially considering buyer needs like, budget, location, bedrooms and aesthetics.