We do pay Elite on the back end, but they have ALL of the skin in the game.As the owner, my role is to recruit agents, train them, provide structure and accountability, identify the obstacles that slow them down, demolish those obstacles and then to get the heck out of the way.I absolutely love this business and love even more helping agents to make an unreasonably high income.  

Fyi- Looked at this today. watch for severe sloping in floors which is structural if you look carefully in basement there are notched supports, big no-no, and foundational deterioration by basement stairs on W side of property.

There are several ways to structure the financing with an owner.

While the same lending alternatives are available since the economic recovery gained traction in 2012 – Fannie Mae, Freddie Mac, conduit lenders, banks and thrifts, and life insurance companies – each lender offers distinct advantages/disadvantages as it relates to loan structures, interest rates, closing costs, servicing, and their responses to the whims of the market.

You won'the believe the different ways he structures land.

I feel that I have a good grasp on how they work ( the Financing structure, the funding of the Repairs into the Loan, Interest Rate, Points, Seasoning Period, Down Payment, etc. )What I'm still unsure of , is what is meant by a 5 or 7 year ARM ( as the Initial Loan that you get when you use a Portfolio Loan from the Get Go , But then after that time is up ( the 5 or 7 years ... depending on which ARM you went with ) , how then does the Financing , and More Importantly my own Personal PITI on the Property get effected, by me then having a 15, 20 or 30 year Conventional ?

There are agencies that work to attract business to particular areas I am sure West Palm is the same, locate the local agencies that already have a rolodex of potential buyers and see if you can structure a deal to intice these businesses.

If the leases are shorter and expiring could you structure a lower base rent attracting tenants with profit share in your favor that would cover your bills and allow you to capitalize on the type of risk you are investing.

Or a different structure that I can pursue.  

I wouldn't call them investor friendly and they don't give any discount for investor only agent they have a capping structure that you paid 18,000 a year in commission and then anything after that you keep a hundred percent which if you sell multiple homes a yeaf it's totally worth it.