Asa ReMax agent, there is a fixed fee I pay ReMax annually in addition to the cut they take from my commission (which is in addition to the split with my broker).

I would simply knock out the $80k and have a great passive asset.

Downsides are high property taxes, which cut into cash-flow, a lot of government oversight, ie...inspections, registrations, and tenant friendly laws.

I cut and paste some of the things from the contract - hope this helps with understanding the language.To answer the other question, the buyer verbally agreed to continue the sale at the appraised value which he was approved for, which was $244K

They are tax free.So why don't you simply exchange the two buildings for the investment productive land. 

the banks are simply cross selling their  products   figuring the more connections they have with you - the longer you will be a customer ...often they will offer an incentive  like a slightly lower rate  or removal of a loan fee  in order to  entice you to open up an account ….. don't overthink this  option …..all the best

I was actually able to find a lender (family) who simply wanted to be repaid at 5%. 

I’m not an expert on real estate or multifamily but I understand the basics and can probably provide some help if it’s on a basic level of simply wanting to own rentals.

Hire a concrete cutter to cut openings below the existing windows.

Its easy enough to cut a hole to get access to the attic.