I am trying to be patient with them because they seem to be a larger more established company, and I expected them to be better, but there have been a few red flags.

that's one way to do it...Except it's a big red flag to the title company.

I understand Property Inspectors can be very meticulous and every small item is not a red-flag, however, here are few things that stood out : Water was not on during the inspection.

. $100K is on the low side for a duplex which raises a red flag for me.

Is the building red tagged?

Would this be a red flag and a disqualifer? 

We're comfortable we've come up with a workable solution that fits these limits if we can just cut through some of the red tape and compete the project in under 12 months.I'm told the certification alone can take 6 months to a year.

Are there any red flags I'm missing if I don't go with an FHA?

Red is too tempting to touch......HouseWarmer 35,000-BTU Wall-Mount Natural Gas Convection Heater $396 +installation. 25000 BTU is cheaper.

The home used an underground oil tank (huge red flag for me).