I also wanted you to be aware that having an RMLO on a wrap is not required if the owner has seller financed 3 deals or less (there are more stipulations) but for simplicity if she did want to do this she does not need to use an rmlo.

Additionally, a signed 12 month lease is a stipulation for my new home, making me a bit anxious to get a signed lease.. 

Next time I would buy with the stipulation it’s delivered empty.

For example, you can have a binding real estate contract that stipulates penalties for late delivery or construction defects. 

The other stipulation is that you need to transfer back into your personal name before selling or refinancing.Commercial loans may not allow you to transfer ownership to an LLC if the commercial loan is in your personal name.

They want to make sure they get theirs.Other investors insure for the amount they owe on each mortgage, to satisfy the banks' stipulations. 

Does your lease stipulate a remedy for tenant breach?

There’s so many stipulations and fine print that they don’t even pay out on half the problems you encounter anyways .insurance is a huge ripoff but necessary

You also need to verify that the zoning allows you to operated a rooming house, if not, you may have a stipulation of no more than X (often 4) unrelated adults being permitted per dwelling unit.5) Anyone have direct experience with this and have any tips?

Give them a deadline to decide and the lease should stipulate that you can do showings to avoid a vacancy.