In either case I would assume you would still need to file an ammendment to modify for that property.

In your original post, you say one of your goals is to establish a good relationship with the tenant's parents - well, trying to modify the lease at this point is a sure-fire way to achieve the opposite, in my opinion.

They can be modified to suit your needs.

In all likelihood, unless you have a big account, the FCM is unlikely to waive or modify its terms.

Yes the agent is due the 6% and do not have to take less unless they both agree to and modify the terms of the listing agreement. 

Seasoned note investors are usually the one's buying these because you have to have third party vendors who can verify property values (real BPO's not just online), attorneys in the state's where you acquire the NPN's ready to foreclose or modify the loan, verify that the note is transferred correctly, notify you of other liens, make sure the note was drawn up correctly and that if it has previously been transferred the transfer was handled correctly.  

Please modify your profile (http://forums.biggerpockets.com/profile.php?

I do move slowly, think about my plan, and modify it constantly trying to do what is best.The property only used a small portion of the equity in my home, so it is not hurting us financially.

If a house survives the first round without a buyer it is then opened to investors. 8)I believe they have modified this recently to where there is no longer a period where it is only open to owner-occupants, it's open to everyone from the beginning, but, if there are any owner-occupant bids they get priority over investor bids.

The government, according to our Constitution cannot modify a signed contract between individuals.