I saw a rant on FB today against landlords (RE Oregon's rent control) and all I could think of is how many people simply can't or don't want to buy a house.

Guidance memos from the executive branch, carry the full weight of law.....but these are harder for people to locate because they simply dont know that they exist, nor that these are as much law as what the legislature writes in a bill.  

Should I only demand a percentage of total profit (like 10%) or would I simply lend the money to them?

The deal came through on a drip that I was getting from a local agent and I simply bid roughly 5% below asking and was able to negotiate a few concessions as well.

The deal came through on a drip that I was getting from a local agent and I simply bid roughly 5% below asking and was able to negotiate a few concessions as well.

To echo the comments here, if in your personal name, good credit, and a healthy down payment, you should have fixed options rather than simply portfolio or ARM products. 

and most importantly that I lack the network to find the deals like finding the right broker who actually invest in fourplex not just any  regular agent.I appreciate you taking the time to reply...

Forgive me for any lack of knowledge - that's why I'm here!

Part of that negotiation will be for them to pay your broker, or simply lower the price enough for you to pay your broker directly.Some FSBO sellers have an allergic reaction to buyer brokers, in which case you may offer to work with directly, without having your broker between you and them.

Based on the price and what it tells me about the type of area it's in, I would double check that rental figure as well.The lower down the property ladder you go, the less it matters how turnkey the place is - remember that the tenant pool in 'rough areas' is comprised 100% of people who simply can't afford to live elsewhere, which means you're looking at a higher-risk investment.