Some of my concerns include: No third party oversight of the underwriting process—REITs have equity analysts, quarterly audits and SEC regulation.

I was too concerned about the perception I was making with my offer and I did not go low enough.

The money we will get from the sale of our house will cover most if not all of this money needed, but we were concerned with not having any other money to invest after purchasing the first duplex.

My biggest concern with getting my license is not being able to wholesale properties as a licensed agent.

This will be my first purchase and I'm concerned.

you said - There is also some room for upside on the $900 unit as the current property manager currently lives there getting reduced rents...so I would assume you could be the property manager yourself if you are as concerned with CF as you say - and take that apartment - in the end, you have to live with yourself and since there are no rent regs you can throw out the widow and  tell yourself any other buyer will do the same and likely be right.

Bryan, nope, not really if you're a dealer, in the business, states may provide specific exemptions, however, all state laws concerning the Acts mentioned fall to HUD and the CFPB as to the intent to comply with federal law.

Ag exempt properties are also covered by the 2 year redemption period.We teach our students and investors that the real concern for title insurance is the contestability period and they should expect a two year period on all properties before being able to obtain a title policy. 

We are both concerned about getting to a result, right?

If the risk of a lender initiating its DOS clause and is of paramount concern in a Sub 2 then there are other methods to mitigate this risk.I've bought property using a land contract of sale, that in itself has a lot of similar risks of a Sub 2 transaction remaining unrecorded, and have been researching Sub 2 transactions.