@Gaurav Vedi this is very thorough.Did you also evaluate the increased cost of compliance, admin, and time you will need to invest in executing setting this up and maintaining it? 

Having over 10 years of experience in the electrical field, and correcting numerous poorly executed electrical installations, one of the biggest value adds that I have is this experience.

Here's my situation:- Experience Level: I’m a new investor with a moderate (Still learning) understanding of the BRRRR strategy but haven’t executed it yet.- Business Setup: I’m setting up a new LLC specifically for this venture, which means the LLC will have no prior credit history or track record.- Investment Location: I plan to invest remotely in Birmingham, AL.

Forget about trying to execute a rehab that will cost over 3 times the purchase price. 

ANd actually the referral was to one of top executives on the new build team..

Wondering if anyone ever ended up executing on this (specifically rebating a portion or total amount of owed buyside commission back to yourself as a buyer rebate at the closing table to cover closing costs). 

I wouldn't unless i could see a fully executed purchase and sale agreement, proof of funds, and an underwriting approval.

Open a personal account, use their banking services & if you can demonstrate a track record of executing on the real estate loans they fund for you, these relationships can really accelerate your growth.

The pre-payment option; is my understanding, that the pre-payment option is only executed when the loan is refinanced or the property sold. 

And the list for who to avoid would be awesome too, I have my own very small list (Howard Hanna) to avoid.