But there certainly are some costs associated with it.

Ever thought about working with other local Realtors or the Association to launch a campaign to get them lowered?

I am not associated with this group and had never met them before.

There's always the nagging thought that they could turn out like Brentwood Forest where they force more owner occupants, but I guess that's a risk I'm willing to accept.I think they're a great investment ESPECIALLY when there's a mix of sfr, multi, and condo (and condos in different condo associations). 

Using the powers of Google and ctrl F: "The term ‘‘self-regulatory organization’’ means any national securities exchange, registered securities association, or registered clearing agency..."

I know there's a way to make this deal happen, but I'm starting to wonder if it would even be worth it because of all the unknowns associated with this property.

NYS has some funny rules and being that we are not local we chose to use Marchioni & Associates (Ashley R.).

On a short sale though it may not be worth the headache or costs associated though as the whole transaction is speculative anyways. 

aaa screening, or see if your state landlord association offers the service. 

At least here, they have a guaranteed path that there will be no further credit impacts associated with the home.