Now let's say he does assign it at 85k, is it that simple to assign it again to a third person?

I currently have one in mind and working with a realtor to sink the deal but the investor part is, of course, the hard part of all this!

This means:You must use a property manager; you cannot manage the property yourself.You may not personally do work on the property; a third party has to do it and the invoices paid by the custodian or the property manager.You may not mix personal and IRA funds or the entire transaction may become an "early withdrawal" from your IRA and taxed as such.You must report the market value to the custodian each year.Rental income flows into your IRA, which you can utilize according to applicable IRA rules.

As and investor selling to other investors this doesn't matter just use the contract to make the costs work for all parties.

As I have never been party to a HML before, I don't have any real knowledge to offer here ... but requiring payment of the fee BEFORE they even have a loan lined up for you is a big red flag to me. 

Third-- What is a good read that I can buy to help simplify the process.

They call the lender, and lender says, Need 3rd party authorization.

But, I've never read an agency agreement where this is discussed.Can you be more specific how an insurance company could go after a party to an agency relationship for an injury suffered by an agent?

Yup, the little glass block tiles in the shower and as kitchen backsplash, subway tile is in its third or forth go round, and I think the Urban industrial look will be the "Oh that is so 2015"

Not always of course, I have owners that park their RV at the rental and go party with their tenants while in Vegas.