They have been in business since 1978 and have a clean IRS compliance record.

It's my understanding that they have them attorney reviewed every year to ensure compliance with state law changes.

I don't know for certain, but I have heard that if you have made these deals on primary residences (the buyers'), then it is strongly in your best interest to pay a contract servicer to ensure that everything is done according to regulatory compliance for primary residence lending.

If you do you’re sure to be sued by an investor(s), and without Reg D compliance you lose your statutory defenses, becoming a magnet for attorneys looking to bring all investors in as plaintiffs.  

I’ve been assured that this helps to streamline the closing process. 

The temporary occupancy agreement offers them assurance to continue living in their home before they can move out.Sometimes the need for a post-closing occupancy agreement may be due to an uncommon instance.

Not all properties pre-1978 have lead paint.What the EPA rules require is that you test and have a certificate showing no lead is present.For your offers though more times than not home before 1978 will have it so always include with a lower offer and if it's not there it is a bonus.Many investors believe the FEDS don't have the manpower to enforce the new EPA rules so they will chance it.Recently in Georgia the EPA is handing regulation over to the state as they can manage it better on the local level.This means more enforcement and fines.If you are in compliance there is nothing to worry about.

At the end of the day I highly recommend having an attorney review to be sure you are in compliance with state and local laws.3.

Ideally, this arrangement would assure us of an answer in a reasonable amount of time. 

Make sure your OA has limited amount of compliance to follow.