Are they at market rent, or locked into below-market rates?

However, here's another one nearby that is: https://www.crexi.com/properties/1758814/oklahoma-quincy-ave....It has 10 1BR units and they're asking $750k (using a 7% cap rate), or $75k/unit.

Thought about refinancing at the time, but didn't do it before rates exploded.

As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.

Rates will at some point allow you to refinance.  

It's debt you'd still have to pay back, but at least you will not touch one of those two amazing interest rates. 

5) What Placement Fee did you negotiate with your PMC?

We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?

Each closing, whether multi-family or single family, is going to have some of the same costs: title insurance, attorney fees, inspection fees, appraisal fees, fees associated with financing, etc.

It's mostly a joke.I think it did good - the influencer who opines regularly on cap rates, interest rates, the Fed, inflation, and is generally an economist, or even a bit of a philosopher, probably does alright!