Glad to read you could qualify as a first-time homebuyer because I'm looking at making my first investment but it won't be the house-hack I was initially planning so I'm looking for solutions to avoid forfeiting the first-time homebuyer qualification.What was it about the NACA mortgage that turned you off in the end?

They will need one in order for you place a bidThe far better strategy is to forfeit your commission by putting zero in the selling agent commission field as:- You don't have to split any commission with your broker -You don't have to pay income tax on your split - You can win a bid with a 3% plus $1 from a regular buyer.  

I have it stated in the contract that to have the lease agreement cancelled (prior to the agreed upon end date) there are two stipulations. 1) Forfeit of the entire security deposit 2) The tenant agrees to pay the sum equal to (2) full months upon moving outNow the tenants agreed to these stipulations when they signed the original lease and they agreed again when they let me know they would like to be let out from the lease.

I chose to forfeit my deposit and walk away from the project.   

You'd have to be more detailed.And yes, most listing agreements will call for the agent to colect a percentage of any forfeited deposit-because a deposit is only forfeited when a buyer was procured/under contract, and then defaulted.

You could just ask the seller to pay a specific amount of the buyers closing cost: "Seller agrees to pay $1,000 of the buyers closing costs and in addition agrees to forfeit any tax prorates and/or reserves to the buyer at closing."

I just want to make sure that I am able to fully validate all of the financials and not on the hook/forfeit my deposit if the numbers do not match what's being advertised. 

If the Applicant gives notice of cancelling the rental agreement prior to November 24th, Applicant will forfeit one hundred fifty dollars ($150.00) of the Holding Deposit.

Buyer will have 3 business days from issuance of this notice to close – should buyer not close, seller is able to cancel thiscontract with earnest monies being forfeited to the seller." - And after all the above, they *still* give themselves this clause, which extends the closing date three business days!

I personally wouldn't accept it as a Landlord without mitigating the risk by charging a hefty non-refundable fee that is forfeited in case of cancellation.