Also, this creates misalignment of interests as the deal unfolds.3) Check the details of the operating agreement.  

Our question is, from initial agreement through closing, what costs may we incur outside of management fee and interest that are part of the terms?

My plan is to lay this out in operating agreement.

Most brokerages also now have a checkbox on their representation agreements where the client can opt in/out to being shown properties that don't offer buyer agent commission. 

But, if the units and amenities are basically the same, then when the rent agreement comes due, propose the same rent structure.As landlords, we need to continue to keep rents in alignment with the market.

I ask because it has been listed on the MLS for over a year with two different realtors and I'm coming up on the end of my listing agreement with the second realtor and I'm trying to decide how to proceed. 

Buyers agents will need to get an agreement signed that they get paid if the seller doesn’t. 

Just be prepared for extra coordination and make sure you have clear agreements in place.

Current lease agreement says tenants will cover utilities. 

I had tenants moving in with no pets and the lease agreement stated no pets as well. after a year or so I accidently found out that my tenants brought 2!!!