However, the method of handling the 1099 income on the tax return may vary depending on the circumstances and interpretation of tax laws.The approach your CPA has taken, where each property is reported separately on Schedule E and then adjusted on a statement for property 3 to match the total 1099 income, could be viewed as a cautious approach to ensure compliance with IRS reporting requirements.

If only 1 agent, or none, then adjust accordingly.

I understand the title insurance fee itself may be set by the state.

Adjust your sights to 65% and below. 

The waiting period or what is called in the business "seasoning" to pull out cash using the improved value is set by the the individual loan programs.

Was there a set price at which he could buy it back?

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Although there are safeguards that can, and should be set up, this merely modifies the risks, it doesn’t eliminate them.  

Simplifying the processes, laws and regulations into a few basic scenarios when in reality each state has a wildly different set of rules, laws and procedures and each county and often municipality has their unique set of procedures within the state3.

My goal is to make 19 investments in 2015 to reach a goal that I have set for March 2017.