By the way, do you know if these exit clauses are normal?

Our group has over 260 members and we normally get 20-50+ per meeting. 

My normal job is where about 1/3 of my leads come from currently.

Just my two cents but when the RE market is extremely competitive and multi offer situations are the normal... it is time to sit it out.

Where I come from, the old houses with stone / old foundations are dirt cheap  if they aren't in the greatest shape, BUT there are also just as many "normally" priced houses with old stone foundations.

I’ve literally researched hundreds and I’m not normally indecisive, but none of them are “jumping off the page” at me making me take the next steps to contact them.

A STANDARD FHA loan, would not be available on a home that needs a new roof, ($10-$13k cost for replacement), new flooring because the floor has issues ($8k), new appliances ($3k) and a new A/c ($6k) .So the bank finances the home, sets a $30k escrow account associated, and you take care of the major components that would normally stall any other FHA buyer or be a hindrance in any other home inspections.

3) If the BANK starts asking questions, what would be the normal "investor" response?

Normally, changing the community restrictions require a large portion of the ownership to vote in favor.

Unfortunately this is normally just recycled product.