Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location. 

Most agents paying for leads are inexperienced, which is why they need to pay for leads.Look for an agent with a minimum of 15 years of active experience.

When you say "open rate" mortgage, we would say "variable rate" and the rate would reset periodically based on some standard index.

When the lead came in, it was from a brother who inherited a house from his mom.

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

Trustin your PM partner is important and they will follow your lead, so don't expect them to provide you with your business plan. 

Additionally, your brother would inherit your cost basis for the gifted portion, potentially leading to higher capital gains taxes if he sells later.

Which leads me to I don't buy their explanation at all.

The biggest cost variables are structural surprises, electrical/plumbing overhauls, and environmental hazards (asbestos, lead, etc.).

You can learn to do this independently or get a rockstar REALTOR to lead the way.