Title Insurance should always be obtained whenever possible and feasible; which is almost always.Despite the above post about the difference between owner and lender, Title Insurance will often times cover more than JUST the chain of title.

To stipulate that there will be no standard contract contingencies or feasibility periods is extremely odd.

I am looking for comments on feasibility of this scenario n today's note market.

I'm not sure how feasible this is....but I was thinking of using hard money so that I could make a "cash" offer to help give me leverage in the bidding negotiations.

I will also ensure through the zoning by-law department that the severance and future sale of both properties is feasible. 

I’m an investor who’s been focusing primarily in Matthews but have been opening up my area search as prices are climbing way above what is feasible on the rental side.

It's just an abstract theory at this point and much more analysis would be needed to see if it is profitable, but in theory I feel it would be feasible to rent as many 2/2 or 3/2 multifamily units as you could build, as quickly as they could be built, for $1100-1200/mo for 2/2 or $1500-1800/mo for 3/2. 

I talked to many real estate agents (I understand not all of them are create equal), several reals estate attorneys (they're either not familiar or don't want to do), but still, don't know if this is possible and how.Here is the breakdown of the works:1) Boundary Survey of 1.1 Acres per Deed Price: $1050.00 (Boundary Drawing is included)(Title Report is required to be supplied at Client’s cost – approximately $150 - $200 by others).2) Stakeout Property corners..Add: $5253) Topo for subdivisionAdd:$700.004) Feasibility study and preliminary plat for subdivision:Add:$800.005) [Optional only after 4 above] - Subdivision plat with all county requirements addressed:(PERCOLATION TEST or PUBLIC SEWER will need to be addressed after Feasibility study has been made)Add: $7500.006) Add: drawing of existing improvements (House etc)Add $1757) Paper CopiesAdd: $35.00Autocad drawingAdd: $35.00

For a couple grand you can have a feasibility study done.

So if you have lots of time an no money, this could be a feasible option, but if time is more limited, then another method is going to be better for you.