Inconsistent Cash FlowUnlike traditional jobs, real estate doesn’t provide steady paychecks.

Yes, I believe you are entitled to the EMD back as the seller didn't provide you with marketable title.4.

This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.  

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

Ive asked them to provide Renter's Insurance.

If they’re not able to assist, I also have other LAIC referrals as well that will just provide the service only.

It's an education that Harvard, Yale or Stanford can not provide and it's FREE! 

However, we have a higher end market so it always struck me as strange that we'd only provide such a small amount since it doesn't cost that much more to provide more.

I would focus on improving your credit and obtaining a more stable income so that conventional financing is an option.