After some digging, I found a helpful and very recent article that appears to agree with this (see link).https://www.keepertax.com/post...At this point, I am feeling a little better because it seems I may actually be just fine (i.e. no need to issue 1099s)!

There likely won’t be many teams, it might be a little hard to find but with a little bit of digging you will find them :).

Keep digging until you find one.

In my almost 20 years of doing Subject 2's and working with other investors in almost every State in the US, in the very few instances the Due on Sale is called it is because if the inexperience of the Investor in not knowing how the transaction is to be done, (not closing with a Title Company or Attorney, not doing the Insurance correctly)Most of all, (not communicating with the seller) Bank calls the Seller to offer them Life Insurance or some other service, and the seller tells them, "I don't own that house any longer, some guy took that house from me and put some renter in it"If you dig into any investor that tells you they had a property or a friend of their brother in laws Collage roommate that had the Due on Sale clause called, you will most likely find that the investor screwed up somewhere.This is why Education and knowledge is needed on any Real Estate transaction.I get calls almost everyday from someone who screwed up on a Subject 2 and is asking to be bailed out, many times they do not want to pay for help, and things just get worse.If you know how to make the Bank Comfortable with the transaction, all is good.Last year I had a couple of hedge fund managers call me asking how they can offer their under preforming loans to Investors to by Subject 2, wow what a great deal, I could call Pace and he would have buyers the same day for a 1,000 homes, but the legal aspect of this would hold the Hedge fund liable so we could not do a deal.

Most of the cost was the backhoe to dig up the line.

Are they worth digging up and relocating?

My perceived risk at the time whether, right, wrong, or indifferent, the reward for me just wasn’t there.Good to know, definitely an aspect I will have to dig more into.

But I have done this...I called my electric company who sent me a form to complete on what I was requesting and paid $300 for their engineering team to come out and develop a plan for bringing in the wire, dig estimates, etc.

I don't know if that is a good price in your area.I think you should dig deeper into the cause of the chipped paint on the ceilings.

Is there some specific point you wanted to dig into further?