You don't have to be as precise on your numbers, your purchase point etc, because time will erase most minor mistakes.We lost some money on our first flip. 

Realizing I had very little control when it came to working for someone else.

Presuming you know what you are doing, you want control.

For control purposes, they rather not give out info to prevent collusions between bank officers and potential bidders and buyers.

People worry because of a lack of any control .

I believe Oakland has some rent of rent control like L.A and SF but not sure the details on it .

I am prior military (AF) and an air traffic controller. 

If someone wants to invest in private placements, they can make it happen...it's entirely under their control and the SEC can't stop them.And incidentally, I'm not advocating strongly for or against the rules...I'm just stating what is in the rules. 

My 'why' is that I didn't want anyone to have financial control over me.

Do they own/control their own property management?