Will we be out of any money3. dual agency seems like a terrible idea, pros and cons4.

They are the ones that advocate for you, the sellers agent does not, nor can they really represent you if it is a dual agent situation.   

I was nervous about qualifying on the basis of dual incomes for example: one party leaves, 2nd party has trouble finding a new roommate and now I've got a situation on my hands for an undetermined duration.  

They are all dual six income couples who feel that they are priced out.

Regardless of who pays any fees, if a contract is made, usually in those states requiring dual agency, that agent will then need to proceed as a dual agent as the seller is not represented and the agent can only represent the buyer when there is representation for the seller.

Going unrepresented is much different than using the listing agent as a dual agent.

There are some possible benefits to having a single agent...meaning they will try to run dual agency and collect both sides of the commission...you can typically negotiate commission down a bit and reduce your offer price.

Transmission project - So this is where 200-300+ acreage is needed as this type of project needs to tap in high voltage transmission line.

By the way, in dual agency the broker cannot advise you on the purchase price at all, besides sharing comps.

It is a dual lot(.5ac) with a duplex on it.