Google "fannie mae california deed of trust pdf" or "fannie mae fixed rate note" or similar and you will find samples of standard conventional loan paperwork.  

The good things about owner financing is getting a property w/o going through all of the time/effort/expense of lenders and it won't count against the number of standard loans you get. 

Besides the cost, are there any other issues potential issues when doing a reverse 1031 vs. standard 1031?

Derek R. 1X gross income or 4X net income is a fairly standard starting point.

CPA's are not infallible, but clients have every reason to expect their CPA to communicate a mistake that was made and to carry a high standard of integrity.

To the point of this thread, $1,300 is well within the realm of possibility of what AHA will pay for a nice 3BR unit in an average Atlanta neighborhood.Source:  https://www.atlantahousing.org/cms/uploads/file/aha-payment-standards-maximum-payments.pdf

Looking to do my first deal this year.One of the HML lenders I've talked to said these are their requirements for a newbie:650 credit score$10,000 in my personal bank account14% interest onlyIs this pretty standard across the board with the hard money loans you have used?

Banks have the same requirements and standards if you are buying or already own a home.  

You should hold your team to a high standard.

Pretty standard practice in Detroit Metro these days.