Notice he says “finds”There exists a pool of “buyers” who will make an offer with zero intent of closing at their offered price, they will find something to retrade a substantial discount or simply cancel. 

I don't want this to happen again.The solution I came up with is to go to my future equity partners and have them sign a non-binding letter of intent to show their interest in investing with me on my first deal with a "not to exceed" amount.

You’re an agent but not operating as one in this transaction. 2. you’re willing to offer x amount of dollars for their home due to it needing work and then you tell them that your intentions are to assign it to a buyer?

@Wesley WhiteheadIt is the intention to occupy the property for one year.

This being the case I have put off a mortgage and was intent on saving over the course of 7 years towards the ownership of a home, at which time I would re-evaluate my position.

I have no intention of owning property for our venture in my personal IRA

The new law is intentionally vague and i can see reasonable arguments being made that any workaround still violates the new law.

My intention was to major remodel the front house to be about 3000 sqft, 2 stories. 

If they continue to ask, I show them the early termination clause in the lease and let them know they can use it to leave if they are that intent on getting a dog. 

You should have the intention to close on your contract even if you can’t find a buyer.