We analyze off-market properties in Cincinnati and it still works like a charm.

Works like a charm and good info.Hope this helps!

Dodd-Frank, I don't believe uses the words "lease-option financing" what you will find is that the DF encompasses the SAFE Act and establishes authority over any consumer RE transaction that is designed, intended to or facilitates the transfer of title in a 1-4 family dwelling by doing so.You will be very busy looking up the statutes that have been modified, adopted or the recension of regulations, going back to 1938 that I noticed.Much of this stuff lies in definitions, you can't just read the word "make" or "makes" or "maker" of a financial obligation and assume it means the same thing as a car maker or one who makes cookies, the English word has different applications.

PM) = $450/month after refi*   Partners split cash flow based on agreed %'s.There are many variations of this, based on who the partners are, what their responsibilities are, and the particular property, but this works like a charm.  

What sorts of things would the "other closing costs" encompass"?

For active investing for your retirement that is also diversified from the stock market is of course real estate, and that encompasses buy and holds.

Like they say, "third times a charm!"

The building is a beautiful, three story brick that has(had) wonderful charm.

They will come and try to charm you.

They do disclose, nothing specific, but they do an all encompassing disclosure which essentially say the buyer is aware that there could be all kinds of issues with plumbing, electrical, structural, wood destroying organisms, foundation, roof, from the soil it sits on to the air above it and everything in between, liens, outstanding permits, encroachment disputes, negative energy signature from a family killed in 1832 etc etc etc and the seller signs those universal disclosures saying they are aware of all that and are assuming those risks and they will not hold the lender responsible for anything and are walking into the deal with their eyes wide open.My first REO deal I had a RE attorney looked through those and they are fairly air tight.