This helps you get to the closing table faster as a buyer and helps the project go smoothly once the renovation starts.  

45-90 days for a final decision if things move smoothly but yes it can take much longer depending on many factors.

I plan to speak to a real estate attorney to maybe get some boiler plate contract to use in several situations, but what else or who else should be involved to make sure the transaction goes smoothly and legally? 

Such as taking a longer time to close than anticipated, or other.Or have you found the loan process to be smooth as glass and on time, with no last minute hangups or surprises.

These will be rentals #1 and #2 if all ends up going smoothly.

After the 1st it's late, ends all the game playing.

I will assume you are talking a condominium with an association that is run by a board of directors.Understanding the financial condition of the association will allow you to predict smooth sailing in the future or a bumpy ride.

The seller was making money off the deal so they didn't care either, not that they even saw it but it was all done in the same room and went smoothly.

It appeared very smooth and flat to both me and my installers when they were bidding.  

I love helping other owners have a smooth investment experience as well!