There's typically a time limit to how long that lasts, but the fact is this agent helped you and is considered the "procuring cause" of the deal, so you should honor that and ensure they are paid.It was unethical of you to approach the buyer and try to cut out the agent, and it is definitely unethical of the seller, which makes me question whether the seller is someone you want to deal with. 

Most will have a hard set no if there is any indication of un permitted work since it is a long term loan.

Purchase price: $290,000 Cash invested: $85,000Bought this 6 unit condo set utilizing a seller finance structure at 0%.

With commercial insurance, there are many ways to value a building, structure coverage and set deductibles. 

Another option is to consider properties that need some work but have good potential for value appreciation, as these might be less expensive and provide a better cash flow once renovated. 

Consider the statistics: dog bites and injuries accounted for one-third of all homeowner’s insurance liability claim dollars paid out in 2014, according to the Insurance Information Institute.

What part of Columbus are you considering?

You'll also get bombarded with solicitations for 'hot leads' and 'done for you marketing'... these shiny objects don't always pan out and you should be cautious when considering anything that makes lead generation seem 'easy'.Tons more to consider as you get started.

You should set aside 10 - 30 minutes every month to monitor what is happening with your property.

They find homes, sell it to the investors, set up a lease with them with a set cash flow, and then lease rooms on behalf of their investors (100% turnkey during the lease, and free property management.