You will have to pay for the lower risk with a lower return.I would propose that identifying your own properties, tenant occupied, and putting them under your own property management gives you more control and a higher return.  

The current proposals are only STR friendly if the property is owner occupied. 

@Christopher Dunson,I like lists so I am going to drop th responses down to what has been proposed.

I'm not really considering buying it, but proposing some form of cooperation.

Then if the agent quoting wants to propose something different let them do that on a separate quote.

If you think he over is by $13,000 then find someone else to come and give you a proposal.

That is not what he was saying, but if you have some lenders on line that are in your state, send them a spec sheet of your proposed investment and see what they can offer, what terms, what rates, what fees, etc.Building a private money investor network is also key.

You just have to learn how seller financing benefits sellers so that you can propose it to them in a way that resonates from their perspective.  

BTW, I'm working on a few MF 'deal' (transactions may be a better word;) proposals with other parties and the scenario is conceptually like yours, although I'd prefer to just get the K-1s and have everything (every deal) separate... hence the SPEs. 

If we know more about them, what makes them tick, their situation, etc. we can do a much better job trying to craft a proposal that will fit them.Next, I'd love to know what you're open to, vs. not open to.