Most of their buyers I encountered had never done even one deal before.Think about the above paragraph real hard.It would be my contention that a buyer with a reasonably responsive agent and a specific plan (area and rehab type) could secure a better deal using their same tactics straight off the MLS.

@Jay Hinrichs Very much appreciate the introduction.

I need to read over my lease but putting in a paragraph like the one suggested above about failing to report promptly seems wise - I’m going to do that for the next tenants. 

However, the commission can also be negotiated with the offer assuming that you allowed them to do so with your Buyer's agreement you initially signed - if negotiated to be different from what is stated in the MLS listing it should be in paragraph 30 of the contract to buy and sell (the offer).

Regarding your other questions, (btw - a little hard to follow your numbers because you posted it all in one big paragraph), it's really what your friends are looking for, in terms of when to pay them back.Before you get too far ahead, run this scenario by the bank. 

Recommendations and introductions may be easier when you narrow it down to a specific area.

The FL “As Is” contract, P2, Paragraph 6: Occupancy and Possession... is paragraph 6b checked?

Hello! My name is Julius. Originally from Charleston SC, but i've been living in Tampa, FL for the 2yrs. I've recently decided to take property investing seriously, and i'm very close to owning my first pieces of prop...

@Nick Seginowich Listen to Bill Syrios Podcast #140...great introduction to student housing! 

Hi guys,My name is Aaron Phillips, I was born in Kansas City and I have worked in the HVAC industry for over 16 years. I started off in in my industry at 18 years old working part time as a maintenance technician and ...