I am a 28 year old recent Canadian permanent resident living in Moncton.

I am concerned because in the agreement it states that is the seller "refuses or fails" to pay the commission, that the client (me) will be responsible for paying the broker.

My main concern here is structuring the vendor takeback in a fashion that benefits both parties in order to make the deal happen.

I found this deal on the MLS and negotiated 6k in seller concessions to cover some small structural concerns How did you finance this deal?

It is other investors (professionals -often sharks), who would be my concern in a deal like this.

So this is what I was thinking:Buy a "turn-key" or move in, or almost ready to move in multi-family home with FHA financings if possible, if not that would be okay and move in there for a year since I will need a place to move and I want to be picky about the house I will be moving into...okay my wife does.During that year look for my permanent house that would "BRRRR" and do all of the process except the rent part and move there after the year. 

I'm concerned that I'll pay a bit more in closing fee.

Their only concern was I was also changing them from annual leases to MTM and they were afraid I planned to increase the rent again in a few months or evict them.

my biggest concern with the relationship going forward is i want both of us to be legally protected from hurting each other. so how can i do that?

Something else that concerns me is that I am self-employed, and new to it as well, so I fear I most likely will not be able to qualify for traditional financing to buy properties.