You do not get ahead by accepting loses or choosing to not do business.

Dallas-area home prices surge ahead in latest nationwide comparison

He also told me that he would have to increase the Interest rate  .5% over 4.99 but at closing be told us he went ahead and kept it at 4.99.  

My general contractor advised us NOT to bring anyone else into the rehab, but we still went ahead with our decision.

If he does this, he would like to go ahead and sell once and for all (if possible), but would want to sell as-is and does not want to make payments on a house he no longer lives in while the house is on the market.Therefore, he is open to selling sub2 if his payments are covered, but would prefer some assurance that it wouldn't be an open-ended arrangement.

Yes, the ones that are not motivated and want top dollar should then go ahead and list with a realtor because it is in their best interest.

Long story short, it could mean you have to cycle out tenants and be ready for some lean months ahead (vacancies, non-payments, evictions). 

I am wondering if someone can just explain to me where a prospective buyer can find out how to obtain the CO (cost / reason property doesnt have one) and since its buyers responsibility upon purchase, is this something anyone can look up ahead of even going to look at a property?

We are ready to get our feet back on the ground, running, but don't have our whole lives ahead of us like many of you.  

You can go ahead and do this type of a transaction if you want.