By that time, all of the other things that need to happen to purchase property such as the inspections, disclosures, and permits have already occurred.

If you are doing much of anything else you are effectively brokering the sale of real property which is regulated in the US, i.e. you need a real estate license.As far as a real estate transaction goes, in brief:  get an offer accepted, enter and finish attorney review, now the property is "under contract" to sell, complete any due diligenence (e.g. inspections), get to closing...Since you are selling the Right to Purchase, you need to have a contract first. 

I have an inspection scheduled for next Monday in Raleigh with Tim Cox.

I'm in contract (in Oregon) on a house that was built in 1950 and have been advised by another local investor to NOT get a lead and asbestos inspection.

Unless you are 100% sure about this property, you may want throw in an inspection period and hire a licensed inspector.

Inspection went well.

Many of these systems require scales of efficiency small DIY landlords can't afford, especially for Class B & C properties/tenants.Biggest issue you want to investigate if their "boots on the ground" for inspections, maintenance and showings.

However, we just got the inspection results and the mold results came positive with High to moderate levels of SMUTS, PERICONIA, MYXOMYCETES - MODERATE TO HIGH LEVELS OF "OTHER" SPORE TYPES PRESENT INDOORS.The sellers are willing to work with us but we are afraid that even with the mitigation this will affect our re-sell value or potential lawsuit if we want to rent the basement and the mold re-grow.Please advise, should we get out of the contract and keep looking we are worry and frustrated at the same time.Thanks!

Getting a contractor to wait to get paid until FHA inspects the completed work and releases the rehab funds is more difficult than you may think. 

Such as;- things that are going to bring up/down my inspection and appraisal value,- prices I should know about prior to having a complete refinance- anything that comes to mind or,- experiences you may have had.Thank you very much, this is my first one and im hoping to go in with as much knowledge as possible, hoping to really get the numbers im looking for this BRRRR to workout.Cheers :)