That would be the equivalent of paying a 6% commission and closing costs on an equivalent, traditional real estate sale.  

I am not opposed to making it a traditional rental, if I can find someone who could equip it with a well-qualified tenant, but I think I may be sacrificing my margin if I do that.

@Kenneth Futrell When you say financing are you referring to traditional as in a conventional loan, 20% down?

If it cash flows as arental and needs minimal work you can still buy sub2 and that gives you time to fix it up and secure a traditional loan. maybe even BRRR it.Even if he isn't moving for 6 months you can still get it under contract and close before he has to move.

Actually, from my understanding, they don’t have a limit on whats revived however they do have limits on how fast/ how much can be transferred out to traditional banks... there is another thread on this topic, it appears that about 19k per week max can be transferred out, so as long as your cash flow needs are Uber that, it can work...

The traditional fix is to either rewire, or have an electrician use a product called COPALUM.

If it's traditional lenders/banks (meaning normal downpayment, W2 income to show, etc) then anyone from the local credit union to quicken loans can be a good option.  

@Christian Sifuentes - I recommend keeping the existing tenant in place.  

If your goals match that, I say go for it.As for the 25% down, I only asked as most traditional loans would ask for 20%, thus showing you have some "skin" in the game and eliminating PMI.

She has a good financial education, but from a different & more traditional foundation.