I conducted final walk through, documented everything, and sent the security deposit refund package to Tenant. 

NO ESCROW: I understand Buyer may choose to “close” this transaction without the use of an escrow company and may record the conveyance documents himself. ________ 12.

If the income is steady and documented on tax returns, lenders will consider that. 

So you will have to document that you lived in each for two of the last 5 years before the sale.

It's not state specific and you would need to change and adjust something's but great for creating the right documents one time.That and joining NARPM will be huge boost

You can see the timeline below and my question afterwards.Contract / Paperwork Timeline - April 29th - Submitted original documentation- May 4th - Received request from seller for revisions (submitted the corrections on the same day)- May 11th - Received the seller signed addendum (submitted paperwork for the inspection for Friday, May 15th)I never got a response from the realtor to say that he has received documentation or emails and he has not confirmed the inspection date or even let me know that he has received my request. - Considering the money involved, is it normal not to hear from your realtor and for things to take so long?

The documents you refer to are disclosures used by real estate agents and are important for full disclosure to the buyer.

I know there are new rules for payment processing that requires them to do some sort of reporting.I would think just document everything and if something should come up you can show that your sister reported the income and you are just managing it.

In most cases keeping earnest money can be difficult because a document must be executed by both parties in order for the earnest money to be released.  

Therefore, it is the policy of this State that the people may obtain copies of their public records and public information free or at minimal cost unless otherwise specifically provided by law.”The Law states that public records "shall mean all documents, papers, letters, maps, books, photographs, films, sound recordings, magnetic or other tapes, electronic data-processing records, artifacts, or other documentary material, regardless of physical form or characteristics, made or received pursuant to law or ordinance in connection with the transaction of public business by any agency of North Carolina government or its subdivisions."