Initial cost is driven by home buyers making it too high and rent is rarely sufficient to cover expences.

Would it make sense for me to primarily act as a selling agent which means less time spent compared to showing buyers multiple homes?

There is about $50,000 in repairs that need to be done but he is including a $50,000 "gift certificate" to cover those repairs, which is pretty sweet.I definately know I can make a profit fromt his home when I put a buyer in it, but how can I convince him to go down below $1M?

If the house is assessed higher than what I offer, are buyers most likely going to turn down my offer, from your experience?

I'm hoping to have an open discussion about the exclusivity practice by agents, specifically for investors. I fully appreciate the argument of wanting to get paid for work completed, so I'd like to frame this more aro...

Be careful with pro-forma estimates, 45% operating budget on a fourplex isn't unreasonable at all.One thing I may suggest is starting to run deals like this by a commercial lender- residential lenders don't even look at the property's ability to cash flow if the buyer is strong.

This year 2018 the market in general has peaked as far as multi family BUYERS are concerned .

They will hold their value where as SFHs are at the whim of the home buyer and the market. 

They also act like like they are the only potential buyers for properties they look at.

I would push back hard as almost no other retail buyer is going to go for this