If you're interested in brokerage, California has a cool program where if you major/study real estate in college you can take your broker's exam in lieu of the 2/3 year salesperson requirement.

Its been a few years ago and the files are long goner other wise I would look at one of my prelims and see what it said.I would talk to a title company and specifically the head title examiner and then maybe the attorney for the title company they will know the answer no doubt. and if would be free to start with.  !! 

A better approach might be to offer a contractor a 'consultation fee' to give a general examination of the house. 

This makes buying the property more predictable and less risk as you'll have less "wild cards," to work with.I would first examine your subject property to see if the numbers pencil out to make sure it meets your goals and then once you've done your homework on that then work on getting yourself fully pre-approved for financing (unless you're buying cash).Let me know if that helps.

Maybe this will help give you an idea of which provider has the best content (or at least the best prep for the test). https://www.trec.state.tx.us/education/examination/exam_pass_rates.asp

The closing attorney will be doing the title examination prior to closing and the buyers will be purchasing title insurance.I assume this type of title conveyance is common for foreclosures, but are there any down-sides to purchasing these type of properties through a limited warranty deed?

Perhaps the IRS would like to be introduced to you to examine your tax evasion scheme.

I have not examined the sellers mortgage yet but I'm sure there will be a due on sale clause.

He examined the place w/ me and determined it would cost about $40k to fix the place (foundation damage & other things) and I was able to get the purchase price down to $48k.

The circles I run and ran in are (were) hundreds of banks as an examiner, many mortgage wholesalers, mortgage brokerages, running my own mortgage company, government, economic development.