This agreement does not prevent you from making a passive investment in any publicly traded securities so long as such investment does not confer upon you or any entity that controls you, is controlled by you, or is under your common control of 5% or more of the outstanding securities of any such entity as described above.

Its an out of control dystopian nightmare, and its getting to me. 

About 5 years ago, we (my wife and I) really took control of our finances and I worked relentlessly to understand our avenues for retirement and savings.

https://www.biggerpockets.com/member-blogs/12615/88171-due-diligence-is-the-key-what-can-you-dohttps://www.biggerpockets.com/member-blogs/12615/88227-the-truth-about-indianapolisIf you have any questions, I'd be happy to share my expriences in Indianapolis and with some of the local players.  

You still control it as a rental but you get your exclusion, plus the value for depreciation starts at market value rather than your current cost basis.

Ultimately I’m trying to get in a position to control the property prior to foreclosure in the hopes of not having to compete for it at the foreclosure sale where I believe it wont sell and end up going back to the FHA although I have no idea what the opening price might be.

The government wants none of the financial liability for the housing business, but all of the control.

My friend introduced me to BiggerPockets while we were selling pest control last summer.  

No rent control, easy evictions compared to CA.

By contrast, tenants who are paying their utilities are already more prone to thinking about wise usage and how their actions help control their bill.I will NEVER pay tenant utilities.