We have dual agency here where technically I can represent both the seller and the buyer but you can see how there may be a conflict of interest in that situation. 

The possible conflict of interest issues, E & O insurance, may make it a difficult environment to operate.

I would get a partner, it can be a family member or a good friend, because if you buy this property you could get into trouble with the Board of Realtors as a conflict of interest.

However there is a strict seperations of such entities and conflicts of interest are examined.Any collateral taken for the satisfaction of a debt must be disposed of to credit the debt outstanding.

Many offices just don't allow it due to the conflict of interest.

I keep getting conflicting info on it being necessary or not. 

In other words is there a conflict of interest?

I've dealt with like a dozen different people now and half of them have told me conflicting things. 

High transaction cost, opportunity cost, scheduling conflicts, unexpected issues, difficulty in finding the right people, and all the scams that contractors or nickel and diming contractors often pull can eat into your real profit. 

Here's a piece of HELOC advice - stay far far far away from Tri Counties Bank - they do not know what they are doing and lied several times to us over the course of our loan process - also took close to 6 months to close even though we always provided them with exactly what they needed immediately - they had no sense of urgency on their end and had conflicting stories about why things were being held up.