So, instead they used a financial stick to beat state's over the head and force each of them to make a law doing it.

Some agents force this, others don't, so might not be a bad idea to check with a local realtor friend and ask them what is customary in your area. 

Could that keep you out of multiple offers or force you to accept a lower offer to sell?

You don't want to be forced to sell at a time when you don't want to.

Reno is also geographically restricted from over building forcing appreciation.

If he doesn’t file for bankruptcy and holds on for a little while longer while getting the 1st short sale and then is forced into bankruptcy anyway, it is conceivable the trustee will seek a "claw back" on preferential payments complicating both his and his previous lender's life.

We have a number of ways we can structure them too, so you are not forced to qualify one way and one way only.

It's a great way to teach young adults about money and finance.I would love any feedback on what you think are the main forces holding people back from becoming financially free.

A lender would require you to have this done, but if you are paying cash, nobody will force you to protect yourself.Third Party Reports: $17KSurvey $2KTitle Recording and Search $5KAttorney Fees ? 

That will force them to offer you better terms if they want your business.