I kind of had no choice with some of the rehab options being that the interior of the house was stripped down to the studs.

@Kevin SobiloIf you had a choice right now with refi options drying up and values likely dropping, would it make sense to simply get a purchase loan (3.8% for 30 yrs) and pay for repairs in cash. 

This sounds extremely beneficial.

I made my choice based on tech industry job prospects, and suggestions from friends that it was a great city.

Because I wasn't a Member, the Listing Broker could negotiate a different Buyer Side Commission than what was privately put into their MLS of choice.

You do not have a choice in the matter. 

However you would have to disclose all the parts relative to the home including who are the beneficial owners and any limitation on the use, disposition or assignment of interest in the property.

Or if the definition just talk about beneficial owner, you maybe in the clear.

Done deal.3) If a Member passed away their heirs have the choice to 'cash out' using the above formula, OR they can stay in and be a silent partner, their choice.

Why not foreclosure list... what exactly made you pick absentee owners from SOOOOO many choices out there?