But then they made a big fuss about changing/eliminating them. 

A buyer who has ready cash and can prove it eliminates most of the uncertainty in the transaction.

You weaken yourself and the entire industry by taking slim-profit jobs while eliminating your tax and insurance protections.

Due to their being a foreclosure sale date set we knew there was a limited amount of time to find a buyer which eliminated our chances of finding conventional loan buyers as we would need to do a double closing to exit this deal and this may have taken longer depending on how fast the buyers bank would complete their end.

Four factors of our economics, land, labor, capital and entrepreneurship, any three of those factors may be substituted for more of another to be applied to base a business transaction upon, all except land, it cannot be substituted or eliminated.

If the home is being appraised as LTV should be post construction, if you are looking for a renovation loanI know this is probably not the exact answer you were seeking, but I think it should help broaden your play and help drill down the lender through a simple process of elimination, based on very specific qualifiers you define as it pertains to your specific strategy.

I'd eliminate the house that's much larger.

This can be more reactive and efficient, as it eliminates the paperwork, processing time, and per-transaction fees typical of the custodians.  

This is very convenient for tracking purposes, just 1 dec. page and it also eliminates services fees on each individual property.

Shaun WeekesNOO and 526 credit probably eliminates that possibility lol ;)