Listings at that price point always sit longer than average, so one-year listings are common in Los Angeles, and it sitting for 8 months isn't odd to me.

The title company “mistakenly” called it an assumption instead of a sub2....it’s common for people to call a sub2 an assumption, even though they two different things.

If rehab withdraws are paid in arrears, as is common, then besides having money for a down-payment, closing costs and loan carrying costs you ALSO need to bring in some rehab money at least until the first draw.

Is it common to add this penalization note into a contract?

I'm not sure what its like in Texas but in some areas I know nearly every agent is a Realtor (Hawaii) and in others its much more common for agents to not be members (Washington).

Now it's your job to find some commonality with the broker and stay in contact.

I'll explain more on my blog post in a week or two about this in detail of what happened.Seth Sherman is right...I as so shocked at the blatant disregard for common legal courtesies (like, spending more than a few minutes on a very important case and reading the Freaking EVIDENCE) didn't happen.

Are they more commonly separate or together in Chicagoland area?

Lowes with the common home owner in mind, and Depot with the contractor in mind.  

I don't know all of the numbers for income/expenses yet, but I'd like to know if this kind of deal is common and if it would make sense before I sit down with them to get more details.Does this sound like a deal to you?