We also have a small university here, Missouri Western State University.

I am currently a Graduate Assistant overseeing Fitness and Programming at Western Kentucky University.

Systems to send delinquent tenants three day notices and evictions in an automated fashion.

I'd try to sell it, take your money and buy in western Omaha.  

Just good o'l fashion networking man. 

I live just one neighborhood north of University of Western States, and you can watch a short video I made about the Russell Neighborhood (where UWS is) here: https://www.youtube.com/watch?

I want to fashion it so that the fee is recorded as a note of debt owed to the wholesaler that will be paid through my lender and title company during closing.Does this sound feasible to you?

you talking mixed use in a ( just speculating small mid western town)  the mid west is littered with vacant commercial buildings.habitation for humans is one thing most folks need a roof.. but not everyone needs a small commercial space.not to mention tough to finance.. as for timing its neither good nor bad.when it was good NO one was buying except the very brave and the foriegners with cash.. credit was frozen or US folks were reeling.so now that cash is flush everyone is back in the game.. so there ya go.

You can approach this in a purely business fashion and bring it to market rents now so you aren’t losing any money.

Most importantly, you want to be sure you are operating the entity in a compliant fashion and any quality firm will be able to assist you in that regard.The IRA-owned LLC format does provide several benefits, not least of which is reduced fees over the life of the plan through the elimination of per-transaction and per-asset fees common with many custodians.