In addition, I would recommend posting your screening/income requirements in your ads! 

I do know that lending can be complicated with a sponsor and a less experienced person on the deal, but I know a good lender to go through, so I am confident that it will be possible to overcome that obstacle.In addition, this is a relatively small deal.

Or does it mean any additional fees through closing would be paid by the Seller?

You need a warranty deed to buy or sale at full price.Is there any additional info you can find on the tax assessors website about the property?

Any help would be greatly appreciated.In addition to the sites I mentioned above, how do you go about finding good contractors? 

These are professionals with additional training and a stricter code of ethics.

Additionally, the lot is splittable into 2, 3, OR a "cottage court", which allow up to 8 buildings on the property (this is all confirmed with the city and I consulted with a friend of mine who is an engineer and has drawn up several of these cottage courts and says its feasible). 

Many cost segregation firms, provide the extra service at no additional charge, to fill out the form on your behalf.

Agents were asked to call back at a later time by 132 prospective clients, and 1,612of the callees were not interested in the offering or refused additional information.The study reveals that for every 330 calls made, approximately one appointment was set (a 330:1 call-to-appointment ratio).

That FHA appraisal stuck with my house for an additional 6 months......so I had to try and find conventional buyers (which was hard for this price point / area).