You really need an agent that understands it and can outline the benefits to the seller.

@Chris BreezyHey Chris,In addition to the benefits already outlined above, the 457 has no penalties for early withdrawal which is more flexible than the 401k.

You'd certainly make more money with less risk than what you have outlined.

Repayment of that loan was outlined in the agreement where each of us would recoup our initial investment plus any profit distributed as a percentage of equity.

From what I understand, the state hasn’t seen this trigger as many two-unit and four-unit developments as they were forecasting, so perhaps some of the practical issues you outlined above are proving to be an impediment.

In the legal industry there's a term known as "totality of the circumstances"...under this concept, legislation and case law typically outlines multiple factors when making a determination (such as the factors you listed when courts are faced with a decision of piercing the corporate veil).

Outline the agreement, the amount and why you feel you deserve your money back.

If your agent had a 2K minimum fee, then that would have needed to be outlined in your agreement and signed by all parties. 

If you don’t have a laptop/portable printer be sure to bring several blank copies of your contract/authorization form.After you knock on the door and introduce yourself, let the seller know you’d like to inspect the outside of the property (don’t record a video or take pictures at this point).Next, go inside and inspect the interior of the home and all mechanicals (HVAC, H20 heater, service panel and basement/foundation).At this point you should have enough information to estimate the rehab costs of the home and make the seller an offer (if you don’t have enough information, or need to seek an expert opinion on a particular repair, go the end of this outline).NEGOTIATING WITH THE SELLER:There are two key parts of the contract that a distressed seller will care about:The purchase priceClosing dateHowever, what the seller will REALLY want to know is how much cash they will end up with after closing.Of course, this can’t really be determined until you know exactly how much the seller owes on the outstanding mortgage/s and any other liens/judgments.

Most "mentors" have only done 2 or maybe 3 Subject To deals so they probably can't answer with any specificity.You want a mentor that can be presented with any number of scenarios and outline the solution and show the results, on his feet without needing "time to think about it".