Also the sq ft size of the house has discrepancy in records both in Tax records, and what the appraiser's perception of living area is. 

Not sure why there is a discrepancy.

@Shequila Hamilton Hey Shequila, the 20k discrepancy is way too much to compensate for the Seller Financing [SF].Now, you can try to meet the Seller at the middle-ish point to motivate the Seller to accept SF. 

Yes, title did show some discrepancies that he wasn't even aware of, so we walked away from the deal.3.

Yea looking at it like that I can see the price discrepancy.

Any discrepancies need to be coordinated between you and the seller.

Everytime I have found a discrepancy between what the ower says and what the county says it has turned out to be an addition that was not permitted.

If there is a bid discrepancy like that I will call the seller and discuss it with them and bid off of my value.

Is it common to have such a high discrepancies in rent for an area?

Reaching out to all my resources to see if any one has any recommendations as to who to use as an attorney to overlook and draft my PPM so that I can find investors, raise the funds required to close the deal and, and have everything in writing ready to go to prevent any legal discrepancies.