Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

You will see negative hits to pricing with smaller loan amounts though so you may see a higher rate/fees for your situation. 

I'm curious on how they broke down the $1200 fee.

I assume when you say "the numbers work" that you cash flow positive...How much is the condo, what are the HOA fees?

I'd be curious to hear from the pros on how this law will affect this group of agents and how folks like me, who will be using a flat-fee agency, should handle working with them when it comes to commissions?

But in some jurisdictions there are no local laws prohibiting it and likely few to no local law enforcement will enforce federal laws...But, I think the point you are trying to make is worth noting - it is no longer hidden or considered taboo. 

So if you raise the condo fees , they have to pay .

To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

@Ray HarrellSellers will owner finance because (1) they will be able to sell for a higher price because they will sell to people who can’t get institutional financing, (2) they think the interest rate they receive on the money they financed, usually 6-10%, is better that the 2% bank accounts are paying (3) they get to spread out the gain on the sale of property over many years and not be bumped into a higher tax bracket immediately, or (4) they can sell the property faster as a buyer doesn’t have to wait 45 days to fulfill institutional lending requirementsBuyers may want owner financing because (1) they save the points and other fees associated with institutional financing (2) they may own the maximum number of properties financed allowable by lending institutions (3) they as full time real property investor may not be able to prove the amount of income necessary to obtain a loan (4) they may not qualify for conventional financing, only hard money, in which case owner financing may be at a much lower interest rate (5) they may have liens, judgements, etc. outstanding that make obtaining outside financing impossible, (6) they may want to close quicker than available with institutional financing.Please let me know if this makes sense

That being said we are at 12% interest paid monthly AFTER our fees to our investors.