Dallas is a hot market and with Texas having the fastest lethal injection for foreclosures, expect to pay a premium.  

Here is a picture (I edited some info out for confidentiality).

Plenty of variables in there (like rate), but I don't see the advantage other than shifting the repair cost burden, unless you're gonna charge 10% interest or something, but unless you're going after crappy buyers, your O/F premium over market rates is prob only about 2%.

If you are comfortable with editing the language or providing the proper language, then you probably don't need an attorney. 

Seller is hoping for less experienced investors to pay a premium for the property.I tell my clients tomorrow is another day, do not get emotionally invested and overpay, and there will be more properties to consider.

But you're also limiting your downside somewhat too.Bottom line is that if this owner is trying to sell a house in as is condition, people are going to expect to get it at a premium discount above more than just what the repairs are going to cost.

Yes, pending regulatory approval (as they are the 2 biggest real estate websites) it's a done deal.  25%+ premium to Trulia's close yesterday (or $3.5 billion)...not too shabby.  

In my market I can rarely buy 3 bedrooms off the MLS - i'm in a military town with lots of landlords willing to pay a premium for 3 bedrooms, which makes it impossible for a rehabber to compete.

[Edited to add]How could it be construed that I am refusing, denying, or any of the other things listed, when I'm signing a lease agreeing to rent to them?

Whether it contains 'all' of the rules is something we can not speak to, just ask if the document is the latest edition with any recent amendments or new rules.