. :)Many Real Estate investors think that the regulation called The Dodd Frank Act which takes effect January 10th, 2014 will eliminate Creative/seller financing as we know it.Is Creative/seller financing dead because of Dodd Frank?

It hasn't seemed to effect house prices yet but buyers seem to be a little more cautious.

If I am and my offer is considered ridiculously low,how will this effect my credibility in the sight of the agent and my potential buyers?

Instead, your model effectively pre-sells the properties by bringing in novice investors/buyers early in the process.  

We explained this scheme by banks to limit the amount of available for sale inventory as follows: "since the properties not entering the foreclosure pipeline are effectively kept out of inventory, even shadow inventory, and thus the distressed end market, the monthly drop in foreclosures has acted as a form of subsidy to the housing market, as month after month less inventory than otherwise should, enters the market....

Craigslist is pretty effective!

I'd confirm it doesn't have a ripple effect on insulation, sheetrock, trim, etc. and that's the full cost of the change so you know how much contingency you've chewed thru.

I thought it was some kids club house, no reasonable person would think that an adult would live in such deplorable condition in a shed.

That could really effect what you're able to build as far as structure and density are concerned.

However, when they do contact you they require all of the properties you have done and related entities since the law took effect."