I've already had to hire a lawyer to write a demand letter to fix my sewer pipe and it took them 4 months to finally do this after an apparent "legal review" for a month or more even though the responsibility was explicitly called out in the Master Deed. 

I originally bought the house in Oct.2008 and paid cash ($98k), in full, by using a Home Owners ARM Equity loan set up from my primary residence (also in NV, at the time).

I need a product that lasts,but doesn't cost an arm or a leg?

However, we don’t explicitly say “information in your application will be verified and false information is grounds for denial.”

You have so much opportunity within arms reach.

Two offers but my agent arranged all that, with explicit communication on the financing side making it clear I was pre-approved on either one but not both.

Also, there may be additional implications if this is not an arms length transaction (i.e. sale below fair market value).

Mirroring is a technique that Voss discusses quite a bit but would be hard to use in most real estate negotiations and probably hard for a beginner to get their arms around. 

keep it clean and arms length if at all possible.

In 10 years, if rates are 9%, your ARM will be 7%...don't hold me to these numbers, I just want you to understand the concept here.