Also can using a double closing/ transactional funding at the closing allow me to legally market the property due to the intent of purchasing it for myself only for a bit and then reselling the property I own? 

Fidelity will insure riskier transactions.

I am currently working on transactions right now.

It had never occurred to me to cross reference applications.  

Although I haven't done a deal yet, I'm truly looking to build a relationship-based business, as opposed to a transaction-based one. 

I have done a great deal of research and analyzed many deals but have not yet made my first transaction other than a primary residential purchase and subsequent sale a few years later. 

Most of these folks could be nervous and fearful of the transaction--especially if they are in a dire position or have never dealt with an investor before.

If you need a CMA after you get in touch with the owner then you can cross that bridge when you get to it, but for now, focus on getting in touch with the owner of the property.

Yet essentially home sales in the US has remained steady at 5 million transactions a year.

I can't imagine having my first real estate transaction be on an out of state property.